Various cover limit options are available, being US$50m, US$100m, or US$150m and premium will be charged per voyage on a lump sum basis for voyages not exceeding 7 days.
Conditions Precedent:
It is a condition precedent to liability that:
- The Charterer ensures that the owner maintains appropriate Hull War and P&I Insurance
- The vessel has a mutual P&I entry with an International Group P&I Club, unless otherwise expressly agreed by the Association.
No Israeli ownership / interest or to be agreed by the Association.
Vessel is minimum BMP5 compliant.
No carriage of arms or military equipment as cargo or to be agreed by the Association.
Not in breach of any Trade embargoes.