MARVIC is a dedicated intermediary of Marine Residual Value Insurance (RVI)

By purchasing a Residual Value Insurance policy, a ship-owner can make significant cash flow savings on ship mortgage or loan repayments.

Why will this help and how does it work?

A marine RVI policy provides an insured value at the end of the finance period. Should the vessel's value be less than the insured value at the end of the finance period then our policy will respond by paying the difference.

This results in significantly reduced cash outflows during those potentially difficult first years of vessel ownership. At the end of the initial loan period the ship-owner has the option to pay off the remaining debt from their own resources; refinance the debt or sell the ship to repay the loan.