Important exclusions include no cover for losses:
• Recoverable under standard loss of hire insurance (subject to the Nordic Marine Insurance Plan).
• Arising from war perils (except for piracy seizure).
• Arising from nuclear perils or the ship being employed in any unlawful trade/act.
• Arising from strikes.
• Arising from failure to comply with classification society/flag State requirements.
• Arising from charterer’s failure to pay hire.
• Arising from owner’s failure to pay a legally enforceable debt.
• Any chemical, biological, biochemical, or electromagnetic weapon
• The COVID – 19 virus or any other infectious diseases declared by the World Health Organization as a pandemic.