Commercial Hull covers loss and/or damage to the ship itself, together with cover for the legal liability to third parties for damage to property or for bodily injury. Some of the occupations that require such cover are:
- passenger, excursion and tourist vessels
- tug and barge operations
- coastal trading and port operation vessels,
- fishing vessels, dredges and barges
- innocent owners/mortgagees cover,
- loss of charter hire / loss of earnings
- ship builders’ risk.