Under usual clauses the policy would cover:
- Physical loss of or damage to the vessel
- Demurrage, detention and loss of use of the vessel following physical damage
- Contribution to general average, salvage, salvage charges, and/or sue and labor expenses in respect of owner’s interest as charterer in hire, freight and/or bunkers.
- Physical loss of or damage to the vessel as a consequence of war or strikes activities.
Speak to a member of your team.