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.
For further information Call: 1600 Email: email@example.com
Allied Insurance announces appeal of Civil Court verdict referring to pay claim amount of USD 22 Million for Yacht Tours. Identifying lack of evidence as grounds of appeal, the company asserted that the compensation sought for the damages of Ha.Alidhoo Resort operated by Yacht Tours were not listed on the benefits of coverage of the insurance policy issued.August 24th, 2020
Allied Insurance Company of the Maldives launches new pledges under CSR initiative “Green for Good”. Reaffirming commitment for an environment friendly workspace. The new pledges were launched at the Opening Ceremony of 10to10 Dive held in Angsana Ihuru by Banyan Tree Group’s Sustainability Director and Banyan Tree Global Foundation’s Coordinating Director Dr. Steve Newman.August 31st, 2019
Allied Insurance Company of the Maldives successfully concludes the first “FAIR Medical Conference and Healthcare Congress” held in collaboration with Federation of Afro-Asian Insurers and Re-insurers (FAIR) on 22nd - 24th July 2019. This two-day event was held in Paradise Island Resort, under the theme “A World of Opportunities”.July 25th, 2019