Some Basic Contents of Hull Insurance and Civil Liability Insurance

As a shield for enterprises in production and business activities, marine insurance in general and ship hull insurance in particular was born and developed to meet the needs of ensuring and stabilizing production and business of shipping carriers when risks occur, and losses to the ship. Some basic contents of Hull Insurance and Shipowner Civil Liability include: Hull insurance subjects; Coverage; Insured value; Sum insured; Hull premiums; Claim settlement and loss compensation.