The Swedish Club: International Marine Insurance - Insurance - Loss of Hire

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?
Owners

Limits: Loss of Hire Insurance USD 40 million

Deductibles: To be agreed

Delay Cover

is a loss of earnings insurance that covers off-hire or detention resulting from events onboard and/or ashore.

Who can be covered?
Owners and charterers

Limits: Maximum limit USD 4 million

Deductibles: To be agreed

 

 

Visiting address

The Swedish Club
Gullbergs Strandgata 6
SE-411 04 Gothenburg
Sweden

Postal address

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

Phone/Fax/E-mail

Tel +46 31 638 400
Fax +46 31 156 711
E-mail swedish.club@swedishclub.com

Emergency

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

Disclaimer

Disclaimer and Cookie information


Privacy Policy

The Swedish Club Privacy Policy

The Swedish Club is a member of: