Maritime War Risk Insurance

Objective

To provide war risk insurance to U.S.-flag and foreign vessels whenever it appears to the Secretary of Transportation that adequate insurance for waterborne commerce cannot be obtained on reasonable terms and conditions from commercial companies.

Who Can Apply

• Unrestricted by Entity Type

All U.S. flag vessels, and certain foreign flag vessels meeting specific criteria as determined by the Maritime Administrator.

Who Benefits

• Specialized group (e.g. health professionals, students, veterans)
• Industrialist/ Business person

Covered beneficiaries include vessel owners, third party liabilities, merchant mariners, and certain designated beneficiaries of deceased mariners.

Assistance Types

• Other Financial Assistance

Program Contact

michael.yarrington@dot.gov
(202)366-1915