This is a special type of insurance for seafood producers. It basically addresses 4 types of coverage:
- Property insurance for producers and their respective facilities.
- Insurance coverage for fishing nets located within the ocean.
- Coverage for fishing mortality.
- Coverage for vessels used for the provision of nets installed within the ocean.
The basic information necessary to provide a quotation for this type of insurance is:
- Risk report, this requirement could be delayed to be delivered after a firm order, however its availability can improve the terms and conditions offered.
- Breakdown of insured sums.
- Location of insured items.
- Line of business.
- Target premium.
- Loss rate for the last 5 years.
Contact and suggestions
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