Marine trade insurance is not a legal requirement in the UK; however, in practice, it is often essential.

While there is no specific law mandating a marine trade policy, certain types of insurance are compulsory depending on your business. For example, employers’ liability insurance is a legal requirement if you employ staff.

Many marinas, boatyards, and clients will require appropriate insurance cover before permitting work on their premises or vessels.

Marine trade insurance plays a vital role in protecting your business, your customers’ property, and your professional reputation, allowing you to operate with confidence in a complex, high-value sector.

Yes. Marine trade insurance is available in the UK for sole traders and self-employed professionals.

At Stoneways Marine, we support individuals working across the sector, from contractors and engineers to boat builders and repair specialists, by arranging appropriate liability and other essential covers.

Whatever your role within the marine industry, we can help tailor protection to suit your needs. Simply get in touch
with our team to discuss your requirements.

Marine trade insurance can protect against a wide range of risks, depending on your business activities.

Typical areas of cover may include:

• Public and products liability
• Employers’ liability
• Property damage
• Vessels owned, be they stock or work boats
• Business interruption
• Errors & omissions (professional indemnity)
• Specialist or contingency covers

We will work with you to tailor a policy that reflects your specific risks and operational needs.

Simply call 03333 609 886 to find out.