FD&D additional insurance
Sale and purchase / newbuilding cover
Legal cost protection for vessel transactions and construction projects
FD&D Sale & Purchase / Newbuilding Insurance provides cover for legal and related costs arising from disputes connected to vessel sale and purchase transactions or newbuilding projects. The cover is designed to protect shipowners against legal exposure at key stages of vessel acquisition, disposal and construction.
Whether disputes arise in connection with contractual terms, performance issues or delivery, this extension provides access to specialist legal support throughout the transaction lifecycle.
Cover includes legal and associated costs arising from
Sale & Purchase agreements
Cover applies from the signing of the Memorandum of Agreement and onwards.
Newbuilding contracts
Cover applies throughout the construction period, including disputes arising during build and delivery.
(The disputed amount itself is excluded)
Coverage limits
Up to USD 300,000 per event
(Higher limits available on request)
Deductibles
As agreed.
Cover is provided in accordance with the Club’s FD&D Rules and agreed terms, and may be arranged as a standalone extension or in combination with other FD&D covers.
Members are invited to contact the Club for further information on FD&D Additional Insurance and how it may support vessel transactions and newbuilding projects.
Why choose The Swedish Club
Direct legal access
Immediate access to the Club’s in‑house legal team, supported by carefully selected external specialists when required.
Qualified legal expertise
A number of the Club’s FD&D professionals are qualified solicitors with extensive experience in maritime and commercial disputes.
Practical case management
Disputes are handled with a commercially focused, solution‑oriented approach, tailored to the circumstances of each case.
Integrated support
Close coordination with P&I and other covers ensures consistency and efficiency across related incidents and claims.
Please note: The information is a general description. For full conditions, premiums, subjects and warranties, or other questions, please contact your local underwriting team
