Legal Cost & Expenses Cover for Ship Owners / Operators
- Tuesday, May 11, 2010, 14:38
- Protection & Indemnity
- 4 comments
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:
1. Charterparty
2. Supplies
3. Repairs
4. Loss, Damage and Detention
5. Disbursements
6. Cargo Handling
7. Operation
8. Average, Salvage and Towage
9. Representation
10. Crew and Passengers
11. State Action
12. Insurers
13. Building or Sale Contracts
14. Mortgage
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
Any inquiry please call IMAM MUSJAB at +628128079130
or email imusjab@qbe.co.id
About the Author
IMAM MUSJAB has written 1877 stories on this site.
4 Comments on “Legal Cost & Expenses Cover for Ship Owners / Operators”
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