- Sunday, May 9, 2010, 17:02
- Charterers Liability, Features
The Underwriter shall indemnify the Assured Charterer, other than a Charterer by Demise, against those liabilities, losses, cost and expenses, arising from event occurring during occurring the Period of Insurance and incurred by the Assured in respect of the operation of the Insured Vessel.
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Can you imagine how big is claim arise from this casualty?
· loss or damage to cargo on board the vessel
· loss or damage to the hull and machinery
· loss of life or bodily injury
· pollution
· salvage sue and labour, removal of wreck
· legal costs
· other losses
Marine Hull & Machinery Insurance
Marine Hull & Machinery Insurance gives comprehensive covers for loss or damage to vessel’s hull and machinery against perils of the seas and navigational perils:
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