Are you operating a marina? Do you know your legal obligations arising out of your business activity?
Marina operator’s legal liability can arise in many ways within number of activities undertaken by the marina operator such as;
- liability arising out of a regatta
- member to member collision
- liability arising out of repair works
- sudden and accidental pollution
- personal and advertising injuries
- tenants liability
- product liability
Can you think of any activity where you will be held legally responsible?
Legal liability within your business activities can rise by a) civil law (tort liability), b) contractual obligations or c) statutory requirements. Marine Operator’s Liability (MOL) insurance policy will take care of liability towards the third party along with your assets from loss of or damage to boats and related machinery, sails, engines and similar while in your care, custody or control at your insured locations arising from the following business activities – but not limited to;
- boats mooring at pontoons, piers, slips and buoys rented to a third party by you
- boat storage on land whether inside or outside of a building including any lifting operations necessary for boat storage.
- fuelling of boats
- the sale and provision of water, electricity, internet and pump out services to boats
- the hauling and launching of boats into and out of the water
- boat repair, boat maintenance and boat refit work
A Marina Operator’s Liability insurance policy can take care of the complete business activities along with the
- physical assets
- business interruption
- vessels (owned or under your care, custody and control)
- loss of money
- transit
- exhibition risk etc. to take care of your third party legal obligations.
Call your risk expert to customize your protection.