Products

There are three products within the CrewSEACURE range; one for ship owners and managers and two for seafarer requirement and placement services (SRPS).   The SRPS products are differentiated based on the company’s ongoing involvement with the seafarer placed on board a vessel.  Please contact us for further details.

Details of our CrewSEACURE product range follows:

Option – 1: CrewSEACURE
Policy Holder – Shipowner
Insureds – all crew legally on-board
Policy limit – USD5m or USD10m in the aggregate; with separate and adequate sub-limits for the various heads of loss.
Policy Trigger – Seafarer Abandonment


Heads of Loss

  • Medical Expenses
  • Personal Accident Cover
  • Unpaid wages (6 months/seafarer)
  • The costs of Subsistence and Repatriation
  • The costs of Evacuation
  • Contractual compensation in the event of death or long-term disability due to an occupational injury, illness or hazard
  • All supported by professional claims adjusters and legal experts

This policy covers seafarers’ maintenance, repatriation and payment of outstanding remuneration in the event of abandonment and contractual compensation in the event of death or long-term disability due to an occupational injury, illness or hazard and meets the financial security requirements of Regulation 2.5.2, Standard A2.5.2 and Regulation 4.2, Standard A4.2 Paragraph 1(b) of the Maritime Labour Convention 2006 (as amended from time to time). This insurance cover also complies with the recommended standards set out in the Guidelines on the Provision of Financial Security in Cases of Abandonment of Seafarers – IMO/ILO Resolution A.930(22) relating to financial security.

  • Indemnification of wages
  • Medical
  • Personal Belongings
  • Repatration
  • Personal Injury

Option – 2: CrewSEACURE (CMC)
Policy Holder – Ship/Crew Manager
Insureds – all seafarers under the policy holder’s contract of employment
Policy limit – Up to USD10m
Policy Trigger – Contractual default during the policy period

Heads of Loss

  • 2 x months unpaid wages (standard limit USD10,000/seafarer)
  • Costs of repatriation – Limit USD2,500/seafarer (contingent on non-payment by the P&I Club)
  • Provides compliance with – UK MCA interpretation of MLC2006 Reg.1.4 (Repatriation) and Reg.2.5 (Monetary Loss)
  • Indemnification of wages
  • Repatration

Option – 3: CrewSEACURE (SRPS)
Policy Holder – Seafarer Recruitment and Placement Service
Insureds – all seafarers placed by the SRPS during the policy period
Policy limit – Up to USD10m
Policy Trigger – Contractual default during the first 2 months of placing a seafarer with a shipowner during the policy period

Heads of Loss

  • 2 x months unpaid wages (standard limit USD10,000/seafarer)
  • Costs of repatriation – Limit USD2,500/seafarer (contingent on non-payment by the P&I Club)
  • Provides compliance with – UK MCA interpretation of MLC2006 Reg.1.4 (Repatriation) and Reg.2.5 (Monetary Loss)
  • Indemnification of wages
  • Repatration