You will now be able to
consolidate multiple policies into one package with one of the leading
U.S. marine insurance underwriters. The IMU Commercial Marine Package
Policy gives you one policy from one underwriter with flexible payment
options, including Direct Bill.
UNIQUE PROGRAM FEATURES
- Combined Single Deductible for all liability coverages.
- Demurrage coverage available for Marine Bailee Liabilities.
- Pollution Liability coverage available up to the
Liability Occurrence Limit.
- Builders Risk coverage for commercial vessels and
a form designed specifically for private pleasure boat builders.
- Combined Single Deductible available to cap individual
deductibles for multiple property exposures.
- Pollution Physical damage coverage available for
covered property up to $100,000.
- Transition Period for current IMU policies (MCL)
to protect against any difference in coverages.
COVERAGES AVAILABLE:
1. Liabilities –
- Marine General Liability
- Hired / Non-owned Auto Liability
- Employee Benefits Liability
- Stop Gap Liability
- Protection & Indemnity
- Crew coverage
- Cargo Liability
- Non-owned Vessels P&I
- Marine Bailee P&I
- Builders Risk P&I
- Marine Bailee Liability
- Ship Repairers
- Stevedores
- Terminal Operators
- Wharfingers
- Tankerman
- Pollution Liability
- Terrorism Coverage
2. Hull
- Hull Physical Damage
- Hull Builders Risk
3. Marine Property
- Piers / Wharves & Docks
- Mobile Equipment
- Building, Contents and Business Income & Extra
Expense
- Pollution Physical Damage
Not all coverages are available in all areas.
Contact your Regional IMU underwriter to discuss eligibility and
coverage availability for your specific risks. Request a Transition
Period Policyholder’s Notice from your Regional Office for
details on converting current MCL policyholders. See our web site
(www.IMU.com) to obtain a CMP application. |