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Summary
Insurance covers the legal liability of stevedores for damage to vessels and their cargoes while under their care, custody and control during loading and unloading vessels in a port. Stevedores are also responsible for the damage to any surrounding property, such as other vessels, docks and wharves, due to the negligent acts of their employees.
For risks arising in the United States it is customary to include marine general liability coverage on an occurrence basis. The market in London for US-based risks is limited.
Scope
Provides liability insurance, including coverage for care, custody and control for stevedore operations related to exposures arising from loading and unloading of cargo from vessels.
Marine general liability – applicable to US-based risks only. For USA risks this will extend a mono-line marine liability insurance policy to include the general liability hazards of:
Premises/completed operations
Products liability
Work in progress
Contractual liability
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