Ocean Marine Insurance Coverage

Travelers Canada is a leading provider of ocean marine insurance in Canada with an extensive portfolio of commercial marine coverage that includes cargo, hull, marine liabilities and luxury yacht. With in-house and streamlined risk control, recovery and claim expertise – and a property and casualty unit dedicated solely to our customers' non-marine exposures – Travelers Canada provides total ocean marine insurance solutions.

Travelers Canada’s history in the ocean marine insurance industry speaks for itself. We've been providing the world's oldest form of insurance, marine cargo insurance, for more than 160 years, and we were the first North American carrier to offer a marine general liability insurance (MGL) package, a comprehensive way to cover and repair your commercial vessels.

Who Is Commercial Marine Insurance Right For?

We insure a wide range of clients in the marine industry including:

• Fleets of oceangoing and domestic vessels
• Importers and exporters (cargo only)
• Wharfingers/Stevedores/Terminal operators
• Ship repairers
• Charterers
• Marinas

Marine Cargo Insurance

This is the oldest form of insurance as we know it today. Coverage is against physical loss or damage to international air and sea cargo; ranging from basic damages to all-risk insurance. Marine cargo insurance coverage is written on a warehouse-to-warehouse basis, tailoring every part of your coverage to your needs. The basic policy is generally extended to cover temporary storage, inland transit, war risk, strikes, riots and civil commotions.

Bluewater/Brownwater Hull and Machinery Insurance (fleets only)

Providing coverage against physical damage, sue and labour and collision liability on commercial ocean going and domestic vessels operating in the coastal and inland waters of Canada.

Luxury Yacht Insurance

Providing all-risk coverage against physical damage, as well as liability coverage under the protection and indemnity section.

Shipwright and Marine Contractor Insurance

Shipwright coverage is designed for specialty ship repairers and marine contractors with gross receipts up to $500,000. It provides marine general liability, including coverage for products, completed operations, contractual liability, ship repairer’s legal liability and miscellaneous property coverage for tools/supplies, plus workboat coverage.

Protection & Indemnity Insurance (P&I)

Coverage is offered for both property damage and bodily injury in conjunction with hull and machinery risks.

Marine Legal Liabilities

Marine liability insurance coverage provides coverage for all classes of traditional marine and marine related support operations working in the care of your company, such as wharfingers, terminal operators, ship repairers, charterers and more.