Legal Cost & Expenses Cover for Ship Owners / Operators
Subject to the direction and discretion of the Underwriter, the Assured shall be indemnified by the Underwriter against its reasonable costs 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.
Legal costs and expenses in connection with claims and disputes arising in respect of:
4. Loss, Damage and Detention
6. Cargo Handling
8. Average, Salvage and Towage
10. Crew and Passengers
11. State Action
13. Building or Sale Contracts
15. Scope and Spirit
Discretion and Direction of the Underwriters
The support of the Underwriter for an Assured in pursuing or defending a claim or dispute will be provided at the Underwriter’s sole discretion and the Underwriter shall direct as to the manner in which the pursuit or defense of the claim shall be conducted; and the legal advisers, lawyers and experts to be appointed by the Assured.
Source: QBE Marine P&I Cover
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