Additional Insurance - Charterers

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Additional Insurance - Charterers

Charterers' Liability All-In-One 

Charterers Liability All-In-OneWhy buy? A person or a company acting as charterer of a vessel assumes responsibilities broadly similar to those of an owner. The contracting parties - normally a cargo owner or sub-charterer - will view the charterer as the “owner” of the ship.

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Charterers' Interest Insurance

Is to protect a charterer’s income stream/profit against the chartered-in vessel becoming a total loss.

Charterers' Liability Insurance

A person or a company acting as charterer of a ship assumes responsibilities broadly similar to those of an owner. The contracting parties - normally a cargo owner or sub-charterer - will view the charterer as the "owner" of the ship.
The charterer also assumes liabilities towards the vessel owner, including damage inflicted on the ship.

Bunker Insurance

Is to protect the owner of bunkers on board a vessel for loss of or damage to the bunker.

Freight All Risk Insurance

Is to protect the shipowner or charterer against loss of freight payment.

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