Aquaculture

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Aquaculture Insurance

Logans can provide insurance to meet the complex and challenging risk requirements for the fish farming industry.

We provide a comprehensive insurance program which can be tailor-made for each client’s specific requirements.

Fish mortality can cover;

• Pollution.
• Malicious acts, theft, predators.
• Flood, tidal wave.
• Storm damage, subsidence, landship, structural failure, breakage or blockage of any part of the water supply system.
• Drought, fire, lightning, explosion, earthquakes.
• Freezing, frost damage, frazil ice.
• Mechanical breakdown, or accidental damage to machinery and other installations.
• Electrical breakdown, failure or interruption of the electricity supply, electrocution.
• Deoxygenation due to vegetation, microbiological activity or high water temperature.
• Any other change in concentration of the noraml chemical constituents of the water including supersaturation with disolved gasses and changes in pH or salinity.
• Disease.

An example of the types of farms insured include:

• Fish
• Abalone
• Oysters
• Prawns

This includes onshore and offshore facilities.