Survey & Marine insurance

“Finance” is a broad term that describes activities associated with banking, leverage or debt, credit, capital markets, money, and investments. Basically, finance represents money management and the process of acquiring needed funds.

Is a marine survey required? Insurance companies ask for a survey once a boat reaches a certain age. These surveys are prepared by independent surveyors and are used to verify the condition, seaworthiness and the value of the boat. Surveys also protect boat owners by identifying safety and maintenance problems.