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Vessels are subject to extreme conditions and risks, and therefore at Santam we understand and appreciate the importance of providing adequate cover for such risks. Santam allows you to select a policy options, and makes provision for adding various extensions, depending on the age and value of the vessel concerned. Damage to your vessel could have devastating effects on your business, which you did not plan for. This policy caters for fishing vessels, charter vessels which are used on a commercial basis.
Africa’s leading marine insurer
As the largest marine insurer on the continent, we offer unrivalled reach and product variety - backed by deep technical and reinsurance expertise across Africa.
Tailored, multi-modal cover
We insure goods and transport via sea, air, road and rail—locally and internationally—providing flexible, high-performance protection with every shipment.
Global specialist support
Our network of marine surveyors and adjusters brings specialist loss assessment and recovery expertise wherever your operations take you.
Tailored to meet the demands of commercial vessel owners and fleet managers.
Special equipment, electronics, gear, nets & the like
Covers nets, gear and equipment listed with specified sum insureds on the schedule.
Increased value
Provides coverage for coverage for the difference between a vessel's insured value and its actual market value, or the potential costs associated with replacing a vessel in the event of a total loss.
Protection and indemnity
We can extend our policy to cater for selective cover; the sum insured is the maximum value of the hull sum insured.
Salvage, sue and labour
Provides coverage for salvage, sue and labour as specified in the schedule.
Machinery breakdown
Subject to the age of the machinery, we provide selective cover for machinery breakdown.
War & strikes
Includes War and Strikes clauses
Proposal forms
Whether you need guidance on your current policy or want to explore new marine insurance options, our team is here to support you. Connect with an intermediary or share your feedback to help us serve you better.
Claims
E-mail: marineclaims@santam.co.za
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