to provide not only the coverage necessary to fulfill the requirements of their various contracts, but also allow an array of options to protect their business.
Builders Risks / Hull
This covers physical damage to boats under construction or owned vessels.
Can provide both a Yard limit & Per Vessel limit.
Single builds can also be considered.
Physical Damage (Hull) for owned vessels &/or Drydocks can be included.
Limits to $10 million and up as required.
Covers physical damage to tools, molds, travel lifts, etc. that are utilized in day-to-day operations on premises, with overwater exclusion deleted.
Covers unique risks with properties near the waterfront including Piers/Wharves.
Marine General Liability
Will ensure that all the liabilities to third parties are fully covered. Includes Protection & Indemnity for Sea Trials of the new builds & for any owned vessels, if applicable. Crew may be included or excluded in the P&I. Umbrella also available if required.
Protects workers on land and on the waterfront.
Statutory limits are provided for the WC & Longshore.
Up to $1 million of Employer's Liability coverage is included.
Maritime Employers Liability
Provides the critical coverage for workers on non-owned or operated vessels
Automatic $1 million limit.
Builders Risks may be purchased singularly or in conjunction with the full Boat Builders package as outlined.
Minimum premium is $10,000
For more information on this program, email ASK@LIGMarine.com
Karen Tischler Marketing Director
LIG Marine Managers
10 listings in 50 states + DCView Company
Availability 50 states