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Overview

Hull & Machinery (H&M) insurance covers physical loss of or damage to a vessel's hull and machinery. It is a distinct class of cover from P&I: where P&I addresses third-party liabilities, H&M addresses the shipowner's own asset.

 

Amana Marine offers H&M cover for any vessel, regardless of whether it is under an Amana Marine Ship Owners P&I policy, providing a coordinated, streamlined insurance programme.

 

Cover is based on the Institute Time Clauses — Hulls 1/11/95 (ITC Hulls), available on Full (CL.280) or Restricted (CL.289) conditions.

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Policy Conditions