Loss of Hire

Loss of Hire

Loss of Hire Insurance

protects the shipowner from a daily loss of income arising from physical damage to the vessel.

The loss can be the result of damage to the vessel, recoverable from the underlying hull and machinery cover. 
The extent of the insurance and the premium are the result of the daily indemnity during a certain period per casualty and per policy year.

The Swedish Club’s Loss of Hire insurance is mostly offered on the Loss of Hire conditions, contained in chapter 16 of the Nordic Marine Insurance Plan, but we can also tailor our Loss of Hire insurance to fit our member’s Hull & Machinery cover.

For more details, click here to download the Loss of Hire Insurance brochure»

Loss of HireWho can be covered?

Limits: Loss of Hire Insurance USD 40 million

Deductibles: To be agreed




Visiting address

The Swedish Club
Gullbergs Strandgata 6
SE-411 04 Gothenburg

Postal address

The Swedish Club
Gullbergs Strandgata 6
P.O Box 171
SE-401 22 Gothenburg


Tel +46 31 638 400
Fax +46 31 156 711
E-mail swedish.club@swedishclub.com
For Claims and Underwriting, please see our Office contacts


GOTHENBURG: +46 31 151 328
Piraeus: +30 6944 530 856
Hong Kong: +852 2598 6464
Tokyo: +81 44 222 0082
Oslo: +46 31 151 328


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