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WHAT INSURANCE COVER DO YOU REQUIRE?

WHAT INSURANCE COVER DO YOU REQUIRE?

OTHER INSURANCES

TEAM

YACHT INSURANCE

 

The ship itself with machinery and equipment, is insured under the H&M cover. This insurance will also cover liability in respect of collision with other ships and/or fixed and floating objects. Conditions are mostly of all risk type. War & Strike risks are excluded but will be covered by a separate War insurance.

TOWAGE

 

The owner or charterer may like to protect himself for loss of income if the ship comes off hire due to a Hull and Machinery casualty. The insurance for this risk is the Loss of Hir (LOH). Such an insurance will indemnify the assured upto an agreed daily amount. However the UW:ers will require a qualification time in way of a deductible and to limit their exposure they will also put a cap on the cover in way of maximum number of days per incident and over the year.

NICKLAS HOLMBERG

 

Direct: +46 8 410 19 684

Mobile: +46 70 94 00 930

Email: nicklas.holmberg(at)fairwater.se

DAN NYLUND

 

Direct: +46 8 121 31 773

Mobile: +358 505 448 651

Email: dan.nylund(at)fairwater.se

TOBIAS CARLSSON

 

Direct: +46 8 410 19 689

Mobile: +46 70 2701 1 88

Email: tobias.carlsson(at)fairwater.se

CARGO

 

The owner or charterer may like to protect himself for loss of income if the ship comes off hire due to a Hull and Machinery casualty. The insurance for this risk is the Loss of Hir (LOH). Such an insurance will indemnify the assured upto an agreed daily amount. However the UW:ers will require a qualification time in way of a deductible and to limit their exposure they will also put a cap on the cover in way of maximum number of days per incident and over the year.

BUILDERS RISK

 

  • Builder’s Risk - Yard Cover

  • Builder’s Risk & Conversion

  • Delay and Non-Delivery

  • Contract Cancellation

  • War (Waterborne agreement)

  • Guarantee (Special Risk)

MORTGAGEE'S INTEREST INSURANCE (MII)

 

Covers the mortgagee’s interest in an insured vessel in case there is non-payment of the Owner’s insurances following breach of warranty, non-disclosure etc. impacting the underlying policy.
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