New India
Marine Insurance
Marine Insurance

Ship Breaking Insurance

This policy covers damage to the vessel due to fire, lightning, explosion/implosion, impact by road/ rail, aircraft, riots, strikes, malicious and terrorism whilst the vessel is in the yard.

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This policy covers damage to the vessel due to fire, lightning, explosion/implosion, impact by road/ rail, aircraft, riots, strikes, malicious and terrorism whilst the vessel is in the yard for breaking. The period of cover is the duration required for breaking of the ship in the yard.

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