This program has been designed specifically for commercial cargo and passenger vessels trading either between the USA and the Bahamas/Caribbean or wholly within Caribbean waters and can include Cuba.
Provided on a Full or Restricted conditions basis for most vessels and can include machinery damage based on underwriting selection. Optional coverages for Increased Value, Mortgagee Interest, Cargo and War Risks are just a few that can be easily added.
We can write both classed and unclassed vessels. If the vessel is unclassed a full condition and valuation survey is required not over 12 months old. Minimum premium for Hull or P&I is $25,000 each or $40,000 if combined. For more information on the program: www.LIGMarine.com/Carib or email ASK@LIGMarine.com
Can include: Crew and Cargo Legal Liability and we offer both high and low limit fixed cost coverage and well as mutual “club” carriers when the maximum limits are necessary.
For vessels trading into US waters, we can provide not only the necessary Oil Pollution Act (O.P.A) pollution coverage, but also the required Certificate of Financial Responsibility required by the US Coast Guard.