February 24, 2011
Congratulations Mutual members on another year of incredible results! Declared patronage refunds and net rates are as follows for 2010.
Hull & Machinery and $5 Mil P&I (Liability)
All inclusive with free vessel survey
| Gross Rate |
Category |
Refund |
Net Rate |
"Net" Premium |
|
|
|
|
(Eg. - $200,000 Value) |
| 1.5% |
"A-1" Class Risk |
53% |
0.705% |
$1,410 |
| 3% |
Regular Risk |
71% |
0.870% |
$1,740 |
| 1.75% |
"A-1" Class Trawler |
55% |
0.788% |
$1,576 |
| 3.5% |
Regular Risk Trawler |
71% |
1.015% |
$2,030 |
| Note: Subject to minimum "net" premium of $650.00 and some restrictions apply in the initial
year of membership |
Optional Coverages
| Gross Rate |
Category |
Refund |
Net Rate |
"Net" Premium |
|
|
|
|
(Eg. - $25,000 Value) |
| 2% |
Power Skiff |
75%* |
0.50% |
$125 |
| * Note: Premiums withheld 5 years in Power Skiff category
|
| Gross Rate |
Category |
Refund |
Net Rate |
(Eg. - $100,000 Value) |
| 0.3% |
Cargo |
N/A |
0.3%* |
$300 |
| * Note: All Cargo policies subject to minimum premium of $250.00 & no refunds are paid |
Pacific Coast Fishermen's
MUTUAL MARINE INSURANCE COMPANY
3757 Canada Way, Burnaby, B.C., CANADA V5G 1G5
Phone:(604) 438-4240 Toll-Free (B.C.
only): 1-888-438-4242
Fax: (604) 438-5756 E-Mail:
info@mutualmarine.bc.ca
. . . B.C. fishermen owned and operated, and committed to providing its members with affordable insurance "at cost".
|
