Cover for shipowners’ losses due to delays arising from specific named perils.

Solution for loss of earnings excluded under mainstream H&M and P&I. At primary layer level – i.e.: first 14 days Fixed premium.

Mainstream H&M and P&I insurances both exclude the loss of earnings following a covered event. Delay Insurance provides a “buy back” option for H&M / P&I Exclusions’ for the unavoidable losses suffered during the initial 14 days’ delay.


  • Provides a “buy back” option for delays excluded under H&M/P&I cover during the initial 14 days’ delay until traditional loss of hire cover incepts
  • Bespoke, stand-alone insurance cover – not linked to H&M, P&I or any other policy
  • Fixed premium together with fixed and agreed Daily Insured Amounts (DIA)
  • Provides cash flow protection at primary level – budget accuracy
  • No hidden charges – clients know their maximum cost upfront
  • Reward system benefits good performance applying individual bonuses
  • Fully customisable around clients’ needs – e.g. H&M perils only/P&I perils only, etc.
  • “Sleep easy” policy – time and cost efficient
  • Full in-house claims service – external surveyors/adjusters usually not required