Phoenix Insurance PLC ensures comprehensive coverage for all your needs.
Shielding your maritime assets — the foundation of Bangladesh's coastal economy.
Hull insurance provides financial protection to vessel owners against the unexpected loss or damage to their maritime assets due to accidents, storms, or other covered perils. This policy plays a vital role in securing the livelihoods of coastal communities and supporting the shipping economy of Bangladesh.
What We Cover
Covers loss or damage to the vessel's hull, machinery, and equipment caused by collisions, grounding, stranding, or fire.
Provides compensation in the event of actual or constructive total loss of the vessel, including salvage charges and sue & labor expenses.
Covers legal liability for damage caused to other vessels, docks, or property in the event of a collision.
Covers repair or replacement of ship machinery, gear, engines, and boilers against sudden breakdown or damage at sea.
Protect your vessel, cargo, and everything you have built. Get your hull insurance policy from Phoenix Insurance PLC today.