Insurance of ships, boats and marine trucks
Albabteen Company, in this service, undertakes to compensate the insured against the damage suffered by him in marine vehicles,
And shipments of goods carried by those vehicles and the real loss of a value, in return for the payment of a premium.
Provided that this compensation does not exceed the value of the lost items according to the rules of the insurance agency.
In accordance with the latest scientific developments to achieve the purpose of insurance in all its aspects that serve employers,
And the category of clients for this work alike.
Types of this insurance include:
- Marine Cargo Insurance
- Nautical boat hull insurance
- Recreational marine boat insurance
Marine Cargo Insurance
The field of navigation in the Kingdom of Saudi Arabia is one of the largest fields of navigation in the Arab world,
And as we work for the comfort of our customers on land and air, we also work on the comfort of our customers at sea
We offer flexible insurance solutions that suit the needs of the insured by securing goods.
It includes open insurance for goods and shipments of individuals.
The marine insurance policy covers the goods when they are shipped by sea from the point of origin to the final destination.
Vehicle hull insurance
Insurance provides cover and protection against dangers to ship hulls, engines and other equipment to which the ship is exposed.
while on cruises between ports or during a layover in the port, and also during the construction or construction process)
The insurance is done against the risks to which the ship is exposed in all these cases for a specific period of time (one year).
Or during a specific voyage, and the ship hull insurance policy covers the marine danger, which is the danger that arises from or is related to navigation at sea.
It also covers sea perils such as shipwreck or stranding and marine collision due to bad weather conditions, as well as we can extend the insurance coverage