Osprey Shoreside Property policy details

Osprey Shoreside Property Insurance provides broad coverage of property and listed equipment, anywhere in the world.

Standard limits

Our standard Shoreside Property Insurance policy cover includes:

  • Per Property Limit – US$ 20,000,000
  • Per Equipment Limit – US$ 20,000,000
  • Business Interruption Limit – US$ 10,000,000

The policy has an overall maximum Combined Single Limit Loss of US$ 30,000,000.

Optional third party limits

  • Third Party Liability (Marine General Liability): Clients have the option to extend coverage to package together the Physical Damage, Business Interruption and Third Party Liability risks:
  • For US domiciled risks: Limits of US$ 1m per occurrence, US$ 2m in the Aggregate for all losses, other than in respect of products and completed operations which limited to US$ 1m in the aggregate.
  • For risks domiciled outside the USA: Limits of up to US$ 25m per occurrence.

Tailored cover

Each policy can be tailored to meet the specific needs of the client, often underwritten under the guidance of the client’s broke

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Secured by Lloyd’s of London

All of our Shoreside Property Insurance policies are 100% secured by Lloyd’s of London.