Marine Bind’s Commercial Vessel Insurance is designed for entities that own and use craft in relation to their business or other activities in Australia. The policy provides comprehensive cover for accidental loss or damage to insured vessels and third-party legal liability (‘P&I’ type cover). Suitable for various types of smaller commercially owned and/or operated craft, it includes optional benefits like passenger liability and loss of income cover. Backed by top-tier underwriters, this policy delivers protection for craft used on inland waterways and around Australian coastal waters.
Coverages: General Liability | Marine | Product Liability | Public Liability | Statutory Liability
Marine Industry Combined Liability is designed to offer comprehensive coverage, from public and product liability to ship repairers' liability safeguarding their ventures on both water and land.
Appetite includes:
(i) marine and associated non-marine trades style risks
(ii) component and parts manufacturers
(iii) boat builders / shipwrights / ship repairers
Marine Bind’s Single Transit Cover is ideal for one-off domestic or international shipments. It covers accidental loss or damage to goods during land, sea, rail or air transit. Suited for irregular importers or exporters or companies that infrequently need cover for the local transit of their plant, machinery or equipment.
Marine Bind's New Wave Marine Boat Insurance offers comprehensive coverage for Australian-based pleasure-craft kept in marinas, on sheltered swing moorings or stored ashore. Policies provide broad coverage for accidental loss or damage of the craft and the legal liabilities of the boat owner.
Marine Bind's Annual Cargo Cover is designed for Australian domiciled companies and their overseas subsidiaries involved in importing, exporting and the local transit of cargoes. It offers extensive coverage for most types of goods that are containerised or otherwise transported by air, road or rail. Ideal for businesses that utilise temporary storage facilities at 3PL Distribution Centres from which they distribute their imported products to customers.
Coverages: Financial Loss | Marine
Hull War insurance from CFC offers specialized coverage for vessels against war-related risks, including damage from acts of war, terrorism, piracy, and civil unrest. Designed for shipowners and operators, it provides financial protection beyond standard marine policies. With expert underwriting and global support, Hull War insurance ensures vessels remain protected in volatile regions, helping businesses navigate geopolitical threats with confidence and security.
Coverages: Professional Indemnity | Public Liability
- Combined PI/PL
- Flexible Deductible Options
- Exclusive Limits Available
Marine Bind’s Carriers Load Insurance is suitable for road transport operators offering protection for customers’ goods in their care during transit in Australia. It offers ‘Goodwill’ coverage for accidental loss or damage to these goods and extends to cover legal defence costs and consequential loss claims. Cover can be extended to provide Carriers Legal Liability insurance subject to underwriters’ approval of the carrier’s standard terms and conditions issued to their customers.
Coverages: Legal Expenses | Marine
Marine Bind’s Supply Chain Risk Cover product provides a unique fusion of cargo, storage, delay, consequential loss, legal liability and legal expense coverage. This cover extends across the policyholders’ supply chains – from supplier through to customers – locally and internationally. Designed for all types of businesses but particularly with importers in mind. Companies are increasingly reliant on extended supply chains and are exposed to a wide range of diverse risk exposures that can impact their financial well-being. This policy delivers coverage not otherwise found on standard cargo policies.
Coverages: Financial Loss | Kidnap and Ransom
CFC’s Marine Kidnap and Ransom insurance provides specialized protection for maritime businesses facing threats like piracy, hijacking, and illegal detention. Covering ransom payments, crisis response, loss of earnings, and legal liabilities, it ensures rapid support during critical incidents. With 24/7 access to expert response consultants, this policy safeguards crew, cargo, and operations in high-risk maritime regions worldwide.