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Crewsure Financial

Marine Crew Financial Protection

Our other Products:

Marine Crew Personal Financial Protection

Crewsure Financial is designed to meet the requirements of the Maritime Labour Convention in the event that crew are abandoned.

Benefits Include:

  • Loss of Wages and Repatriation
  • Permanent Disability
  • Death by Accident
  • Medical Expenses

What is Covered?

  • Loss of Wages and Repatriation

Repatriation to their home country is covered up to a cost of US$2,500 per crew member, together with 4 months of unpaid wages. We may be able to provide higher limits if required.

  • Death by Accident

Cover for death within a year of an accident up to US$175,000 for senior officers, US$150,000 for junior officers and US$100,000 for crew. We will also pay for each legally dependant child under the age of eighteen at the time of death, US$18,400 per child up to a maximum of 4 children.

  • Permanent Disability

We provide up to US$175,000 for senior officers, US$150,000 for junior officers and US$100,000 for crew. Paralysis due to illness is also included.

  • Medical Expenses
Crew and officers are covered for medically necessary treatment due to accidents or illness for up to US$100,000 per person per insurance year.

We can provide different limits on request if required. Please get in touch with us for more information.

Eligibility For Insurance

All seagoing employees of the policyholder who are suitably qualified and/or licensed.

A condition of this insurance is that the Pre-Employment Medical Examination (PEME) and the certificate of competency or other relevant qualification of an employee are current and up to date and all individual crew details are registered

Deductibles

  • US$250 per medical condition.
  • No deductible applies for loss of wages, permanent disability or death by accident following abandonment.

Key Exclusions

There are no specific policy exclusions for being abandoned subject to where there is a violation of the Maritime Labour Convention the employer fails to cover the cost of the insured person’s repatriation to their home country or has unilaterally severed their ties with the seafarer including failure to pay wages for a period of at least two months or where the employer has suffered insolvency as formally confirmed by the IMO.

For more information on this or any of our other products, please contact us or get a quote.

Our office

Room 821, Lloyd’s of London 1986 Building, One Lime Street,
London, EC3M 7DQ. United Kingdom
T +44 (0) 20 7046 0866
E enquiries@crewsure.com

More Info

Crewsure Insurance Services Limited registered office at 2 St James’s Street, London SW1A 1EF and trades from Room 821 Lloyd’s of London 1986 Building, One Lime Street, London EC3M 7DQ.  Registered in England No. 09325907.  Crewsure Insurance Services Limited is an Appointed Representative (FRN 660885) of ES Risks Limited who are authorised and regulated by the UK’s Financial Conduct Authority under Firm Reference 565023.  Crewsure is a member of the Managing General Agents’ Association. Calls may be monitored or recorded for regulatory and security purposes.  For European business, Crewsure Insurance Services (Europe) is a trading name of ES Risks Europe EPE whose registered office is at Hasioti Street 13, 151 23 Maroussi Attiki, Athens, Greece. GEMH company registration number: 152459303000. ES Risks Europe EPE is authorised by the Bank of Greece, Special Registry number 326 and in the UK is authorised and regulated by the Financial Conduct Authority under Firm Reference 973279.

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