Cover for
- Liabilities towards the owner arising out of the activities and/ or operations at the risk and responsibility of the assured in his capacity as a ship manager
- Financial protection for liabilities incurred in connection with the ship manager’s performance of the services set out in the ship management contract.
- Legal and other costs incurred to avert or minimise liabilities.
Limits
20m
USD
per event
Frequently asked questions
Gard clients with underlying P&I cover when acting as ship managers, performing ship management functions (including but not limited to full management, operational, commercial, technical and crew management functions, on behalf of an owner).
USD 50,000 per event or other deductible by agreement.
Ship manager liability insurance is a cover designed to ensure that, in the event of a mishap or a dispute, the insured has financial protection, as well as claims handling and legal assistance from Gard. Claims handling and contract reviews of non-standard management contracts would be performed by our Defence lawyers and underwriters.
Financial protection for liabilities incurred in connection with the ship manager’s performance of the services set out in the ship management contract. And legal and other costs incurred to avert or minimise liabilities.
Cover is not available unless the liabilities arise under a contract pre-approved by Gard.
Terminology
Gard is a member of
