Charterers' Liability Insurance

What can be covered?

The cover is provided to clients in their capacity as Charterer of the insured vessel and the details of the heads of cover are as follows:

1. P&I risks

2. Damage to hull

3. Contribution to general average, salvage and special charges

4. Fuel stores and supplies

5. Cargo owner’s pollution and/or legal liability

6. War and strikes cover

7. Extraordinary costs incurred in the removal and replacement of bunkers 

Who can be insured?

·         Time Charterers

·         Voyage Charterers

·         Charterers under contract of affreightment

·         Space or Slot Charterers

The product is suitable for most types of trade, whether it be liner operations, oil or other bulk products trading or conventional tramp market chartering. 

Charterers need not purchase all the heads of cover offered but can select those heads of cover which best accommodate their needs.