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Summary
This type of insurance protects vessel charterers from a range of liabilities, either through contract or in tort. It covers the contractual and third-party liability of a vessel or the charterer.
Scope
It includes liabilities resulting from damage to the vessel itself or from third parties directly or by way of indemnity. The handling of a claim on behalf of the insured and the costs of defence and legal assistance are also insured, even if the insured subsequently proves not to be liable.
Brokers
Related Products
- Builders and Conversion risks
- Crew Personal Accident and Medical
- Freight, Demurrage and Defence (FD&D)
- Hull and Machinery Port Risks
- Hull, Machinery and Interests including Increased Value
- Loss of Hire
- Marine Contractors Liability
- Marine Professional Indemnity
- Maritime Employers Liability “MEL”
- Mortgagees Interest
- Oceanographic Equipment
- Ports and Terminals Package Policy
- Salvors Liability
- Salvors Lien
- Ship Owner’s Liability
- Ship Repairer’s Legal Liability (SRLL)
- Stevedores Legal Liability
- Stockthroughput
- Terminal Operators Legal Liability
- Tow Risks
- War Risks - Hull and Machinery and Interests
- Wharfinger’s Legal Liability
