Section 7: Owner’s liability, etc. (P&I)

Clause 15-20. Scope of cover

The insurer covers liability and expenses which are covered by the the vessel’s P&I insurance if the liability/expenses have been caused by a war peril as defined in:

• Cl. 2-9, or
• Appendix IV to the Pooling Agreement of the International Group of P&I Clubs, as it read at the time this insurance contract was entered into.

If no P&I insurance against marine perils has been effected for the vessel with one of the associations party to the Pooling Agreement of the International Group of P&I Clubs, the insurer’s liability under sub-clause 1 shall be determined as if the P&I insurance had been effected with Assuranceforeningen Gard (Gjensidige).

Clause 15-21. (deleted)

Clause 15-22. Limitations to the cover

If liability and expenses as mentioned in Cl. 15-20 are covered by another insurance which the assured has effected, the cover under this Section is subsidiary in relation to that insurance. This shall not apply to liability and expenses that are recoverable under the vessel’s P&I insurance and that are also covered under Cl. 15-20, if the P&I insurance has been effected with a P&I association that is a party to the Pooling Agreement of the International Group of P&I Clubs.