Insurance covers loss of or damage to the insured vessel caused by perils of the sea, rivers, lakes or other navigable waters.
Argus protects the insured vessel or fleet against physical damage caused by a peril of the sea or other covered perils while the vessel is in transit over water.
We offer P&I across most commercial marine liability risks and coverage for third-party liabilities and expenses arising out of the ownership or operating of ships. Risks covered include third party liabilities for cargo, collision and damage to or loss of property.
At Argus, we care about our clients. By focusing on our strengths and values, equipped with a talented team and an ever-growing local client base, Argus Insurance Agencies Limited aims to become the customer's most respected choice for insurance.
Compulsory third-party liability insurance is required for boats with an engine HP above 9.9HP, with a minimum limit of €235,000.
Argus is one of the few insurers in Malta who handles all claims locally. Our experienced claims team is supported by a carefully selected network of surveyors and repairers. Decisions are made swiftly and locally, and are backed by the Argus Customer Charter. Please feel free to complete a claim form.
A survey is required for boats over 10 years old and every 4 years thereafter.