Builder’s Risks Insurance – Quotation
Here is sample of a Quotation of Builder’s Risks Insurance
Builder’s Risks Insurance covers all risks subject to the Institute Clauses for Builders’ Risks (1/6/88) – Clause 351 from laying of keel to completion including risks of construction, launching, sea trials and delivery to owners.
Builder’s Risks also covers Pollution Hazard, Faulty Design, General Average and Salvage, Collision Liability, Protection & Indemnity (P&I), and Sue and Labour.
Names, objects, values and rates appear in this Quotation are for illustration only
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By IMAM MUSJAB
Picture, source: naval-technology.com
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