Risk Insurance in Morocco's Marine Fisheries Sector

The purpose of this study is to analyze risk insurance in Morocco's marine fisheries sector. Risks in this sector can be grouped into two main categories: risks related to the crew aboard fishing vessels, and risks related to the vessel itself-its hull, machinery, and all its equipment and fishing gear-which are classified as property damage risks. The insurance policies covering these risks include workers' compensation insurance for risks affecting individuals. For risks affecting the vessel, its machinery, and all its equipment, hull insurance applies. Workers' compensation insurance covers the entire crew against any work-related accidents that may occur on board the vessel. The new Law 18-12 emphasizes the importance of reporting accidents to the labor inspectorate and attempting conciliation between the insurer and the injured party before filing a claim for compensation in court. Hull insurance, whether "All Risks Except" or "FAP Except," covers the vessel, its hull, and all its fishing equipment and gear.