Archive for August, 2022

No Lay Up Return / Cancelling Returns Only

No Lay Up Return / Cancelling Returns Only Notwithstanding anything contained herein to the contrary, It is hereby understood and agreed: 1. No premium shall be returned if the vessel is laid up neither under repair or not under repair in a port or in a lay-up area. 2. To return a pro rata monthly net for each uncommenced month if this insurance be cancelled by agreement. Tidak Ada ... Full story
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