Insurance Arrangements

These functions enable employers to provide their insurance details in accordance with the requirements as set out in section 94 of the Seafarers Act.

Insurance Arrangements are managed using the 3 Insurance arrangement functions:

• Lodging Insurance Arrangements - used when providing new insurance arrangements
• Renewing Insurance Arrangements - used when renewing existing insurance arrangements
• Updating Insurance Arrangements - used when updating existing insurance arrangements

These functions require the provision of the following fields:

• Covers all Seafarers, select this option if your company has a single workers compensation policy that covers all seafarers regardless of ship. Leave this option unselected if your company has multiple policies.
• Ship, select the relevant ship and complete the policy details for each ship (even if one policy covers more than one ship). If the Covers all Seafarers option is selected then this field must be left blank.
• Insurer Name, name of organisation issuing this policy.
• Policy No, policy number provided by insurer.
• Policy Issue Date, date policy was issued.
• Policy Expiry Date, date policy expires (even where a burning cost policy type is in place, the annual renewal date must be included) - must not be earlier then issue date.
• Policy Gross Wage Amount, gross wages or salary declared (remuneration) on which the policy premium rate is calculated.

When renewing or updating insurance arrangements, an existing insurance policy must be searched for and selected. When updating, only current policies are available. When renewing, current policies and policies which have expired in the last 12 months are available.

When all details are provided, click the Create or Amend button.

To reset to the current state (or blank if lodging), click the Reset button, or to exit this function, click the Close button.