What item can be covered?
- Hull
- Engines
- Other Machineries and equipment’s
What are the coverage options?
Comprehensive Cover: Provides coverage for damages occurred due to an incident identified below. In addition, this coverage includes for total loss of vessel as well.
Total Loss Cover: Coverage is applicable when the vessel encounters a total loss.
Which incidents can be covered?
- Perils of the seas
- Loss or damage due to bursting of boilers, breakage of shafts or any latent defect in the machinery or hull
- Fire, explosion
- Loss or damage due to negligence of Master Officer Crew or pilot
- Violent theft by persons from outside the vessel
- Loss or damage due to contact with aircraft, helicopter or similar objects or objects falling
- Jettison
- Piracy
- Contact with land conveyance, dock or harbor equipment or installation
- Earthquake/ volcanic eruption/lightning
- Accidents in loading discharging or shifting cargo or fuel
Proposal form
Claims hotline · 1557
How to claim
What to do if something happens, step by step.
- Make the vessel and crew safe, and report the incident to the Maldives Coast Guard or the police where required.
- Tell us straight away: call the hotline 1557, use the ATM app, or email info@takaful.mv.
- Don't start repairs yet: a marine surveyor will contact you to inspect the vessel.
- Submit your documents: the marine claim form, your certificate, the vessel registration, the skipper's licence and any incident report.
- Settlement: once the claim is approved we pay by bank transfer and let you know.