Hull & Machinery Insurance Hull & Machinery Insurance Ship-owners / Ship Managers are exposed to various maritime perils and we provide the following covers related to it: Hull & Machinery Insurance (Time & Voyage). Collision Liability. Protection & Indemnity Clauses – Hulls. Request Call Back The Sum insured is the value of the hull, which is required to be ascertained and agreed upon by an independent and qualified Marine Surveyor. The factors to be considered to arrive at the premium are based on the following: Type of Hull. Tonnage. Fleet or singleton. Trade of the vessel. Ownership / management. Classification. Flag & registry. Valuation of the vessel. Past loss history. Insurance Conditions offered. Auto Takaful Health Takaful Term Plan