Liabilities to pay hire arising as a result of delay of the ship caused by P&I events such as
- Pollution spills resulting in third party property damage
- Stevedore personal injury in connection with loading/unloading operations
- Cargo dispute leading to the arrest of the vessel
Liabilities to pay hire arising from external circumstances beyond the charterer’s control
- Denial of access to a place of refuge
- Delay in arrival or departure to or from scheduled port (except due to weather or ice conditions)
- Pirate seizure
Limits
5m
USD
pr event/aggregate per year
7
days
2 days for piracy
Frequently asked questions
Cover responds to a charterer's liability to pay hire to the shipowner when a ship is delayed, detained or arrested.
Gard Members with underlying charterers’ P&I cover.
• No cover for liabilities, losses, costs and expenses recoverable under a standard P&I entry and/or primary war risk cover and/or any public or private insurance required by any applicable legislation.
• No cover for losses arising from strikes.
• No cover for losses arising from discovery of drugs onboard the vessel (option to include).
• No cover for credit risks.
• No cover for losses arising from owner’s failure to pay a legally enforceable debt.
Terminology
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