Posts Tagged ‘MR 1209 – Special insurance cover: oil’

This endorsement forms part of section 1 b and is subject otherwise to the terms, provisions, conditions and exclusions contained in the policy of insurance or endorsed thereon.   Indemnification 1.1. The insurer shall indemnify the insured in respect of loss of or damage to: 1.1.1. drilling and oil and gas well servicing equipment, including spare parts, derricks, drill pipes, tools and miscellaneous appurtenances specified in the ... Full story