Professional Mariner Interests   04/01/2020

New Pilot and Docking Master Coverage Options Available

By 360 Coverage Pros

New Pilot and Docking Master Coverage Options Available

LAKEWOOD RANCH, Fla. April 1, 2020

360 Coverage Pros announced today the addition of Pilot and Docking Master liability coverage options to their online Marine License Insurance program. Launched in November of 2019, this program has transformed the insurance landscape for professional mariners. Securing Marine License Insurance no longer requires lengthy paper applications and days or weeks of waiting to binding coverage.

Pilots and Docking Masters can now apply online and bind “A+” rated coverage in minutes with rates starting as low as $30 per month with just $70 down.

Coverage includes:

  • License Protection & Defense Costs of up to $1M
  • Foreign Jurisdiction Coverage
  • Loss of Personal Property
  • Payment for Fines & Penalties

Additional coverage options include:

  • Civil & Criminal Defense, $100K or $250K
  • Civil Legal Liability, $100K, $250K, $500K, or $1M
  • Loss of Income (monthly w/ $35 per day subsistence allowance), $2,000, $5,000, $10,000, or $15,000

If a prospective insured requires higher limits, has past complaints/suspensions or is unsure of their eligibility in the program, 360 Coverage Pros will work with them to help secure the best coverage options available.

“Every day since the launch of this program, we’re learning more from our customers, independent research and attending industry events,” said Chris Buseman, Program Manager for 360 Coverage Pros. “Creating a tailored option for pilots and docking masters was an absolute necessity given their specialty and differentiation within the profession.”

This Marine License Insurance Program is underwritten by Berkley Offshore Underwriting Managers, a member company of Berkley, whose member insurance companies are rated “A+” (Superior), Financial Size Category XV by A.M. Best Company.

360 Coverage Pros is administered by Gallagher, a global insurance brokerage, risk management and consulting services firm. Founded in 1927, Gallagher has operations in 33 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

To learn more about the Marine License Insurance Program from 360 Coverage Pros, please visit https://www.360coveragepros.com/marine-license-insurance