Cargo Products - Single Transit and Annual Policies

Single Transit Cargo Products
Cargo:
Within NZ: Transit NZ
International: Transit International

Household Goods & Personal Effects transits:
Within NZ: Move NZ
International: Transit International

Annual Contracts:
"Simply Cargo" - is Vero Marine's comprehensive all risks annual cargo wording with many additional specific covers, e.g. expediting costs

Cargo Products - Advanced Loss of Profits

This is a specialist extension to a cargo policy, which provides protection for a projected loss of profits in the event of damage to property whilst in transit. This cover has traditionally been provided for manufacturing machinery, that is being transported to be installed in a new factory.

Cargo Products - Buildings In Transit

Many houses in New Zealand are timber houses, built due to the hazards of earthquake and the abundance of raw material. It is a common sight to see older houses being removed from one location to be re-piled on another.

Vero Marine provides a specialist transit policy for these buildings whilst in transit.

Cargo Products - Increased Cost of Working

"Increased Cost of Working" is a specialist cargo policy extension, which protects additional expenses incurred in a specified period, where cargo is lost or damaged.

Hull Products - Boat Builders

New Zealand's professional boat builders have a worldwide reputation for building specialist craft and in particular high-tech yachts from composite material.

Vero Marine's policy provides cover from the time materials are allocated to the vessel being built, or the keel laid, until the time of handover to the owner after sea trials.

Hull Products - Commercial Fishing Vessel

This policy provides protection for fishermen covering vessels valued in excess of NZ$1,000,000.

Hull Products - Commercial Hull

This policy provides protection for commercial vessels from tugs, and work boats to ferries and container vessels.

Hull Products - Container Insurance

Vero Marine's Container Insurance product encompasses the main hazard of accumulation of financial risk facing NZ operators, whether they own or lease cargo containers. Invariably a marine casualty will involve containers, whether it be at sea or on land, or an earthquake at a port.

Other Products - Cargo Owners Legal Liability

Vero Marine's Cargo Owners Legal Liability product is a specialist wording that is designed to protect cargo owners for any legal liability and defence costs they might attract through the properties of their cargo whilst in the ordinary course of transit and in its customary packaging, or its incorrect handling by others.

Other Products - Carriers Legal Liability (NZ Carriage of Goods Act 1979 LCR cover)

Vero Marine's Carriers Legal Liability product provides cover for actual and contractual carriers for liabilities imposed by the Carriage of Goods Act 1979.

Other Products - Charterers Legal Liability

Vero Marine can provide legal liability protection for companies chartering vessels. Coverage is available to provide protection for the various charter types from bareboat, or demise charters, to voyage and time charters.

Other Products - Freight Forwarders Legal Liability

This policy provides specialist liability protection for freight forwarders or NVOCC operators covering all aspects of operation from local carriage to goods shipped by air or sea.

Other Products - Marina Liability

This policy provides specialist legal liability protection for marina operators covering all aspects of operation from provision of berths to repair facilities and storage.

Other Products - Port Liability

This policy provides specialist liability protection for port companies encompassing all aspects for their operations from vessel berthing, cargo handling to provision of repair facilities and slipways.

Other Products - Ship Repariers Liability

This policy provides cover for companies or individuals involved in ship repairs for damage that occurs whilst the vessel is in their care, custody and control. Cover is available from a small one-man one-van operation providing a painting service, or for installing and mending electronics, up to marine service companies with specialist premises and facilities, handling commercial vessels and providing engineering services.

Other Products - Stevedores Liability

Vero Marine can provide legal liability insurance cover for NZ stevedores in their commercial activities in NZ ports.

Stevedores Legal Liability and Terminal Operators Legal Liability are similar specialist insurance products in that they are both associated with the loading and unloading of vessels, damage to third party vessels arising out of those loading/unloading operations, and injury claims.

Vero Marine's Stevedores Legal Liability insurance is a product that provides protection to a company that principally involves the provision of labour and equipment for the loading or unloading of ships, normally as a sub-contractor to the port authority or to a terminal owner, but where they do not actually operate a terminal themselves.