The Marine Insurance Broker in Australia is a specialized insurance product designed to safeguard businesses involved in transporting goods, whether by sea or land. It provides comprehensive coverage against various risks, including damage to vessels, cargo losses, and liability for third-party damages incurred during transportation.
The Marine Insurance Broker in Australia has two main branches: ocean marine and inland marine. Ocean marine insurance focuses on risks associated with sea transportation, while inland marine insurance addresses risks related to land transportation.
A Marine insurance broker in Australia is a key component of marine insurance, specifically tailored to protect against liability risks arising from maritime activities. This includes coverage for damages to vessels or property, personal injury, wreck removal costs, and liabilities related to premises and cargo transportation.
For businesses engaged in international trade and transportation, Marine Insurance is essential for managing risks effectively. It provides peace of mind and financial protection against unforeseen events, ensuring the smooth and secure movement of goods while minimizing potential losses and legal liabilities.
At Select, we understand the unique challenges faced by businesses in the transportation industry. Our Marine Insurance Broker In Australia are designed to meet your specific needs and provide reliable protection against a wide range of risks. Contact us today to learn more about how we can help safeguard your business.
Marine Liability Insurance provides cover for:
• Loss of or damage to any other vessel or property
• Death, personal injury or illness
• Removal of wreck
• Loss of or damage to any vessel or craft in your care, custody or control
• Tenant’s liability
• Premises risks
• Car park liability
• Pollution
• Damage to cargo and lost cargo
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