Marine Benefits

Investing in human capital

Medical Plan

This is an employer sponsored group medical plan, specially designed for the international shipping industry. The plan provides a high level of medical coverage for the seafarer and his/her family in their country of residence, and is available on different levels (Bronze, Silver, Gold and Platinum).

Life Benefit

A death benefit program that is earned while the employee is signed off during vacation periods in his/her country of residence. It provides a valuable benefit to surviving dependents while they adjust to the absence of the prime wage earner in the family. This can help preserve their savings, investments, and other assets for the purposes they intended, such as funding education or paying off a mortgage etc.

Sickness Benefit

An innovative sickness benefit program that is earned while the employee is signed off during vacation periods in his/her country of residence. The benefit has been designed especially for international shipboard employees, and ensures that the covered seafarers receive a monthly income if becoming ill or suffering an accident during the vacation period that prevents him/her to return to the next shipboard assignment on the scheduled date.

Loss of Profession Benefit

Marine Benefits AS offers an innovative, high quality invalidity benefit program that is earned while the employee is signed off during vacation periods in his/her country of residence.

Migrant Workers Act Insurance

In accordance with the new insurance requirements of the R.A. 10022 sec. 23 Marine Benefits AS offers an insurance coverage as required under the subparagraphs (a) to (i). Provided that a P&I cover is already in place, this insurance should bridge the potential gaps in coverage caused by the new law.

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