skuld Charterers' Cover terMs & CoNdItIoNs - Extranet - Skuld

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Charterers’ cover TERMS & CONDITIONS CONTENTS PART 1 INTRODUCTION 3 PART 2 staNDARD INSURANCE 4 PART 3 deFENCE 11 PART 4 GENERAL PROVISIONS 14 APPENDIX 1 DEFINITIONS 23 Skuld Charterers’ Cover – Terms & Conditions, from 20.02.2012 APPENDIX 2 CO-ASSUREDS 27 APPENDIX 3 DEDUCTIBLES 28 APPENDIX 4 ADDITIONAL COVERS 30
Charterers’ cover TERMS & CONDITIONS PART 1 INTRODUCTION 1. Terms and scope of cover 1.1 the Assured is insured on the terms set out in these Terms and Conditions (T&Cs, the Statutes, the Cover Note and any Certificate of Insurance.) 1.2 the Assured is only insured for liabilities, losses, expenses and costs which arise; 1.2.1. out of an Event taking place during the period of insurance, and 1.2.2. in direct connection with the operation or trading of the Vessel in the assured’s capacity as Charterer. 1.3. The Assured is only covered for such of those risks specified in Part 2, Part 3 and any additional covers as are expressly agreed between the Assured and Skuld. 2. Duration of cover Unless otherwise agreed, the insurance cover shall commence at 00:00 hours GMT on the date prescribed in the Certificate of Insurance and shall continue annually, unless and until cover ceases or the insurance expires or is terminated in accordance with these T&Cs. 3. Definitions Words and phrases which are defined in Appendix 1 shall have the meanings set out in that Appendix. 4. Additional Cover Additional covers, as described in Appendix 4, are available for liabilities, losses, expenses and costs which are not covered in Part 2 or Part 3. Skuld Charterers’ Cover – Terms & Conditions, from 20.02.2012
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skuld Charterers' Cover terMs & CoNdItIoNs - Extranet - Skuld

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