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Agents Insurance Markets, Inc.
Artisan Contractors Insurance for NC and VA
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Marine and Subsea Equipment Insurance Program
Sloan Mason Insurance is happy to offer access to a highly competitive Marine and Subsea Equipment Insurance program, designed for owners and operators of marine and subsea equipment, whether onboard a vessel, on dry land or operating over-side.
This product suits owners and operators of the following types of equipment, where the equipment is in use transit or in storage:
- Remotely Operated Vehicles (ROV)
- On Vessel Fixed Equipment Not Covered by a Hull Insurance Policy (Cranes, Hyperbaric Chambers, Etc.)
- Oceanographic Survey Equipment Excluding Steamer Operations
The key benefits of this product include:
- New for Old Loss Settlement in Respect of Total loss
- Worldwide Comprehensive All-Risks Coverage for All Equipment Owned or Operated
- Flexible Underwriting and Pricing to Cater for Utilisation and Geographic Location
- Automatic Coverage for Additional Equipment During the Policy Period (up to 125% of the Total Sum Insured)
- 24/7 Coverage Protects Equipment in Storage, In Transit, Onboard Vessel or in Operation
- Free Wreck Removal Cover up to a Maximum of USD $25,000 Any One Loss and USD $200,000 in the Aggregate Any One Insurance Year (in Respect of Marine Equipment)
- Free Loss of Revenue Coverage Following Damage or Loss of Equipment Up to a Maximum of USD $300,000 Any One Loss and USD $1,000,000 in the Annual Aggregate (Each Account Separately)
The Following Details are Required for Full Underwriting Review and Best Quote for Marine and Subsea Equipment Insurance:
- Completed and Signed ACORD Application and Full Equipment Schedule in Excel Spreadsheet Format
- Currently Valued Loss Runs for the Last 5 Years
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| States Available | AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY |
| Provider Type | Wholesale Broker |
| Admitted | No States |
| Carriers | Various |
| Carrier Ratings | Various A Rated |
| Commission | Varies |
| Min Premium | Varies |
Coverages
Marine Insurance
Marine Artisan Contractors Insurance
Marine Contractors Insurance
Marine Engineers and Surveyors Insurance
Marine Enhancement Insurance
Marine Equipment Floaters Insurance
Marine Risk Insurance
Ocean Marine Insurance
Ocean Marine Exposures Insurance
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Sloan Mason Insurance Services, Inc. has other insurance programs like Marine and Subsea Equipment Insurance Program Insurance
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