Full range of Marine Insurance Business which includes:
- Cargo: by sea, air, or land.
Various levels of insurance protection including war, strikes, riots and civil commotion Risks.
- Hull and Machinery: Vessels and Pleasure Boats & Yachts.
Project Cargo and Delayed Start- Up Insurance
Project cargo coverage is for equipment destined for infrastructure projects and industrial facilities. Policy coverage includes physical loss & damage and may include consequential loss, such as delay in start up (DSU) and additional cost of working.
Middle East Insurance Co. is one of the few local insurers with the expertise to provide project cargo cover for critical components of large infrastructure projects which need special underwriting experience and very good connections with the reinsurance markets.
Carriers " Hauliers" Liability Insurance
This product is designed to cater to the insurance requirements of commercial hauliers.
Companies engaged as carriers in commercial transportation of cargo have a legal liability to cargo owners and third parties as "bailee" for the goods whilst in their care, control and custody.
Haulier's liability insurance offers protection to such companies involved in the transportation of goods belonging to others by providing an indemnity up to an agreed limit against sums that the carriers shall become legally liable to pay as a carrier. The policy will also pay for the defense cost incurred.