Stay Financially Secure with Loss of Hire Insurance – Protect Your Income During Downtime
A damage incident can not only put your vessel out of operation but also jeopardize your income. GEORG DUNCKER, your specialized marine insurance broker, helps you find the right Loss of Hire (LoH) insurance, ensuring a stable revenue stream even when your vessel is temporarily out of service.
What Does Loss of Hire Insurance Cover?
A LoH insurance policy compensates for lost income when your vessel is unable to operate due to covered damage. Depending on the chosen underwriter and policy, coverage may include:
✔️ Daily compensation for the period your vessel is out of service
✔️ Reimbursement of fixed costs, such as crew salaries and loan repayments
✔️ Coverage for incidents such as collisions, fire, machinery breakdown, or other insured damages
✔️ Flexible terms and waiting periods, tailored to your business operations
Why Choose GEORG DUNCKER?
🔹 Independent brokerage: We work with top underwriters to find the best LoH policy for your needs.
🔹 Tailored solutions: Policies designed to match your revenue structure and risk profile.
🔹 Seamless integration with your Hull & Machinery insurance for full protection.
🔹 150+ years of experience in marine insurance – a trusted partner in inland navigation.
📍 GEORG DUNCKER – Your Partner in Marine Insurance.
🌍 Learn more: www.georg-duncker.com
