Such claims must arise in direct connection with the ownership, operation, acquisition or disposal of an insured vessel, or in respect of the assureds’ interest on the vessel.
The cover is at the sole discretion of the Insurer/Association and the Insurer/Association has the right to control and/or direct the conduct or handling of any case. This cover is provided by the P&I Clubs that are members of the International Group of P&I Associations as a separate Class or by specific Defence Mutuals.
Freight, Demurrage & Defence (in short: Defence insurance) provides cover of shipowners, managers and charterers for legal and other costs incurred in establishing and defending claims which arise out of an event occurring during the period of insurance/entry.
Such claims must arise in direct connection with the ownership, operation, acquisition or disposal of an insured vessel, or in respect of the assureds’ interest on the vessel.
The cover is at the sole discretion of the Insurer/Association and the Insurer/Association has the right to control and/or direct the conduct or handling of any case. This cover is provided by the P&I Clubs that are members of the International Group of P&I Associations as a separate Class or by specific Defence Mutuals.
