Insurance Coverage includes:
Benefits of Coverage includes:
- Balance Sheet Protection;
- Business Continuity;
- Access to Industry Experts - Mitigating the Loss;
- Professional Team to assist the vessel post incident;
- Rest and Rehabilitation Expenses - within 12 months of the release for victims, their spouses and children USD 25,000 per insured event;
- Reimbursement of Ransom of up to USD 5m per insured event;
- Loss in Transit of ransom of up to USD 5m per insured event;
- Legal Costs of up to USD 5m per insured event;
- Reasonable Costs of Port Authorities;
- Fees and Expenses of Response Consultants and Independent PR Experts.
- Capability to turn around business from initial contact to policy issuance within 48 hours;
- Construction of polices that place the safety of crews as the primary objective;
- Exckusive access to the services of one of the leading response companies: direct access to professional crisis management and security consultants.