Clause 15-1. Perils covered
The insurance covers war perils, cf. Cl. 2-9.
Clause 15-2. Interests insured
Subject to Cl. 15-3 the insurance covers:
- total loss and damage, cf. Chapter 10-12 and Section 4 below,
- collision liability, cf. Chapter 13,
- hull interest/freight interest, cf. Chapter 14,
- loss of hire, cf. Chapter 16 and Section 6 below,
- owner’s liability (P&I), cf. Section 7 below including occupational injuries etc. cf. Section 8 below.
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Clause 15-2. Interests insured
Letter (a) was amended in the 2027 Version due to simplification of the relationship between Chapter 15 and Chapter 12.
Clause 15-3. Sum insured
Cover in respect of each of the interests listed in Cl. 15-2 is conditional upon the parties having agreed a separate sum insured for each interest. In the case of loss of hire insurance the insurance contract must also state the amount of the daily indemnity, cf. Cl. 16-5 and Cl. 16-6, the deductible period cf. Cl. 16-7, and number of days of indemnity per casualty and altogether, cf. Cl. 16-1, sub-clause 3.
Unless otherwise agreed, the following sums insured shall apply:
- The sum insured for Cl. 15-2 (e) P&I and occupational injury insurance is the total of the sums insured under Cl. 15-2 (a) and (c). Within this combined sum, costs incurred to prevent loss under Section 7 and 8 shall be covered. Cl. 4-18 shall not apply.
- The sum insured for 15-2 (b) collision liability shall be equal to the sum insured for Cl. 15-2 (a) with addition of the sum insured for Cl. 15-2 (c) hull interest, cf. Cl. 14-1 (b).
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Clause 15-3. Sum insured
The reference to Cl. 14-1 (a) was corrected in 2016 to Cl. 14-1 (b). Cl. 4-18 is not set aside by Cl. 15-3 apart from what is expressly stated in sub-clause 2 (a), see further below.
Clause 15-4. Safety regulations
During the insurance period the insurer may, by means of special safety regulations, cf. Cl. 3-22, issue instructions that inter alia:
- the vessel shall not embark on a planned voyage or complete a voyage in progress,
- the vessel shall or shall not follow a specific itinerary,
- the vessel shall deviate, be moved from one port to another, or remain in a specific port,
- the vessel shall not carry cargo of a specific nature, or certain passengers,
- the vessel shall or shall not comply with orders issued by a foreign State power,
- the assured shall without undue delay give information about the vessel’s position, about voyages which the vessel is making or is going to make, about times of departure and arrival, the nature of the cargo, the itinerary, the charter arrangement, etc., and of any changes as regards previously given information about such facts.
In the event of a breach of a stipulated safety regulation, Cl. 3-25, sub-clause 2, shall apply correspondingly.
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Clause 15-4. Safety regulations
Sub-clause 2 was amended in Version 2016 by deleting the references to Cl. 3-25, sub-clause 1.
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Clause 15-1. Perils covered
Sub-clause 1 sets out the perils covered under the war risks insurance and is, strictly speaking, unnecessary, since the same effect follows from the general part of the Plan. For pedagogical reasons, however, it is a logical step to have a separate provision on perils covered in the introductory part…