MARVIC, short for Marive Residual Value Insurance, is a trusted brand specializing in Marine Residual Value Insurance (RVI). If you're considering buying or refinancing a vessel, MARVIC has the perfect solution for you. By opting for a Residual Value Insurance policy, ship-owners can enjoy substantial cash flow savings on ship mortgage or loan repayments.

But how does it work? With a marine RVI policy, you benefit from an insured value at the end of the finance period. If the vessel's value falls below the insured value during this time, our policy steps in and covers the difference. This means you can make significant reductions in cash outflows, especially during the initial, potentially challenging years of vessel ownership.

Once the initial loan period is over, there are multiple options available. You can choose to repay the remaining debt from your own resources, refinance the debt, or even sell the ship to settle the loan. Get in touch with MARVIC today and discover how Marine Residual Value Insurance can be a game-changer for your vessel ownership journey