Marine Hull Claim Procedure: Step-by-Step Guide.pdf

claimProc-marine-hull.pdf
Preview of Marine Hull Claim Procedure: Step-by-Step Guide
🔗 Source: tuguhk.com
📊 Size: 494 KB
👤 Author: lpm
⬇️ Downloads: 294

Summary

## Step-by-Step Guide:

1. Notice of Loss/Damage: Immediately notify the insurer upon any incident causing potential policy coverage. Provide details including time, location, and circumstances. Share contact information of the person-in-charge to facilitate survey arrangements.

2. Damage Repairs: Obtain a written repair estimate from a qualified shiprepairer. Obtain prior approval from the insurer's surveyor before initiating repairs.

3. Collision Claims: In case of collision-related incidents, avoid negotiating or settling with third parties without written consent from the insurer. Forward any legal notices or demands to the insurance company for guidance.

4. Documentation for Claims:
- Partial Loss: Collect and submit the Master's Incident Statement, claim statement with repairing invoices, payment receipts, ISM compliant documents (if applicable), class certificate, and other relevant proof.
- Total Loss (including CTL): Provide the original policy, total loss certificate from an average adjuster, ISM documents, class certificate, and additional supporting documents.
- Other Losses: Gather all available claim-related documents to support the case.

Description

In case of marine hull loss or damage, immediately notify the insurer with details of the incident; obtain a repair estimate from a qualified shiprepairer for approval before starting repairs; and avoid negotiating or settling any collision claims without prior written consent from the insurer.

Technical Information

  • File Format: PDF
  • File Size: 494 KB
  • Pages: 1
  • Language: EN
  • Author: lpm
  • Total Downloads: 294
  • Last Updated: 1 week ago

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