Maldives is a tropical country which comprises of over 1900 coral islands. The population being scattered all over from North to South of the country and the fact that our economy is heavily dependent on fishing, has made sea transportation a necessity.
However our vessels do encounter numerous dangers while at sea, resulting in huge losses, both physical and financial. It is our objective to indemnify you against these losses.
Marine Hull Insurance is insurance on vessels against risks connected with its navigational operations. It covers damages to the boat, machineries and equipment’s.
This policy covers the loss or damages to vessel’s hull and machinery during their operation within the specified trading limits.
The policy covers Total Loss of the vessel insured against some perils in addition to salvage.
The policy covers Partial and Total Loss (Actual Total Loss and ConstructiveTotal Loss) of the vessel insured caused by the following perils in addition to salvage.
There is no specific amount fixed for the premium to be paid by the insured. It would vary depending on certain factors such as the age of vessel, the occupation, how hull is constructed etc.
Notification should be given immediately without delay upon knowledge of any accident or any event which might give rise to a claim by following the steps below.
It covers loss of life, bodily injury and property damage of crews and passengers arising out of the operation of the insured vessel.
Opening event of Rakka Campaign; Rakka Road Safety Run organized by Maldives Police Service in collaboration with Allied Insurance has officially begun today.January 8th, 2021
At a press conference held in Iskandharu Koshi today, Allied Insurance and Maldives Police Service jointly announces the revival of Annual Road Safety Campaign “Rakka” for the year 2021.December 28th, 2020
The leading insurer of the Maldives presented a complimentary Inbound Travel Insurance Package to the lucky winner of 500,000th visitor 2020 to Maldives. Ms.Kierstin Madeleine was awarded this voucher at a special media event held on 17th December 2020 following her arrival to Velaana International Airport.December 17th, 2020