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    Marine Insurance
   
 
 

Objective    
This course is designed to acquaint those working in the shipping industry with a knowledge of marine insurance and how different aspects of marine insurance play a role in shipping.


Course Outline

  • The functions of marine insurance in shipping
  • Organisations of insurance market: Insurance Companies, Brokers, Agents, Lloyds, and Protection &
          Indemnity Clubs
  • Nature of marine insurance policies
  • Institute Time Clauses: Common covers for ships
  • Hull Claims : Claim procedures including General Average Claims
  • Institute Cargo Clauses : Common covers including War and Strikes insurance
  • Institute Cargo Clauses : Trade Clauses for different types of cargo
  • Role of P & I Clubs
  • Coverage provided by P & I Clubs
      Principal Lecturer    

      Mr Lam Chee Long

      BBA, FCII

      Chartered Insurer

      Manager
      Asia Insurance

      Course Methodology    

      The course will be conducted through highly interactive lectures, groups discussions, case studies, slide presentations and tests.

      Target Participants    
      Management trainees, supervisors, and junior executives from shipping, freight forwarding, trading, stevedoring and warehousing businesses.

      Duration     
      6 evenings (6.30pm to 9.00pm) 

      Course Dates
      Click Here

      Fees (See NB*)    
      For SSA Members: $321.00 ($111.00)
      For Non-members: $481.50 ($166.50)

      MCF Benefits:

      Course fees subsidy, please apply directly at www.mpa.gov.sg/mcf


      NB.    
      (I) Fees within brackets denote course fees after deducting MCF, and which are payable to SSA by the applicant who qualifies the criteria.(II) Computed with 7% GST based on full course fees GST Reg No. M4-0004834-7


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