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Charterers Legal Liability

Charterers Legal Liability

Charterers Legal Liability Insurance

Charterers of vessels are exposed to huge risks either directly to third parties or through contractual liabilities and indemnities

Charterers Legal Liability insurance is designed to provide coverage for the liabilities assumed by a party chartering a vessel.

The key covers provided under a Charterers Liability insurance policy are:

- Cargo Liability

- Pollution Liability

- Third-Party Liability

- Damage to vessel’s hull

- Freight, Demurrage, Defence (FD&D) - Insurance

 

- Indemnification of ship owners due to

  • Bunkering Liability
  • Stevedore damage
  • Safe port non-compliance liability
  • Dangerous cargo (DG) exposures

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Hauliers Liability Hauliers Liability

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Covers the legal liabilities of hauliers towards cargo owners and third parties

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Freight Forwarders Liability Freight Forwarders Liability

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Covers liabilities of freight forwarders and customs agents towards cargo owners and third parties

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Ship Repairers Liability Ship Repairers Liability

Ship Repairers Liability

Covers ship repairers against any legal liabilties arising out of damage to any vessel or equipment under their care and custody

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Tour Operators Liability Tour Operators Liability

Tour Operators Liability

Covers tour operators and travel agents against any legal liabilities that may arise out of their operations of managing tours

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Public Liability Public Liability

Public Liability

Covers legal liabilities to third parties arising out of the business operations

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Comprehensive General Liability (CGL) Comprehensive General Liability (CGL)

Comprehensive General Liability (CGL)

A wider form of legal liability coverage to include third party/product/pollution liability, etc.

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Product Liability Product Liability

Product Liability

Covers legal liability to third party caused by products sold or supplied by the insured

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Workmen’s Compensation / Employer's Liability Workmen’s Compensation / Employer's Liability

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Insurance to compensate the insured employees in respect of any bodily injury, disease, illness or death suffered in the course of employment

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Directors and Officers liability Directors and Officers liability

Directors and Officers liability

Covers legal liability incurred by individual directors and officers resulting from their negligence while performing their duties of running the organisation

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Professional indemnity Professional indemnity

Professional indemnity

Covers the errors and omissions of professionals whilst performing their duties

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Clinical Trial Liability Clinical Trial Liability

Clinical Trial Liability

Covers legal liability to participants arising out of a clinical trial and associated activities

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Initial Public Offering - IPO Liability Initial Public Offering - IPO Liability

Initial Public Offering - IPO Liability

Covers the insured against the legal liability arising out of an Initial Public Offer (IPO)

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Environmental Liability Environmental Liability

Environmental Liability

Covers the insured against any liabilities for polluting the environment, including clean-up cost

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