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Θέμα: Off hire & Fine coverage

  1. #1
    Εγγραφή
    Jun 2006
    Περιοχή
    Athens
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    1.592

    Προεπιλογή Off hire & Fine coverage

    Does anyone know if P & I Clubs usually cover off hire or fines risks and under which circumstances / terms? Is it a very expensive coverage and do owners choose to cover off hire periods and risks of various fines?

  2. #2
    Εγγραφή
    Sep 2006
    Περιοχή
    Athens
    Μηνύματα
    10

    Προεπιλογή

    Παράθεση Αρχική Δημοσίευση από Petros Εμφάνιση μηνυμάτων
    Does anyone know if P & I Clubs usually cover off hire or fines risks and under which circumstances / terms? Is it a very expensive coverage and do owners choose to cover off hire periods and risks of various fines?

    The Strike Club is a mutual insurance Club specially formed to cover perils such as the above. Please refer to the below website for more information.

    www.http://www.thestrikeclub.com/HTML/default.htm

    Below is a typical insurance offer / quotation.

    Assured
    Nationality GreeceType of cover Strike and Delay - Full cover Type of account Annual entriesVessels 4 / as per attached listDaily Entered Sums Usd 20,000.-Trading Worldwide (see limitations / exclusions below)================================================== ==CLASS I&II Combined

    Rule 8 and 9(a)(i) : Strike Cover7 days in excess of 1 day deductibleRule 8 and 9(a)(ii): Delay Cover7 days in excess of 1 day deductibleRate : 101.15% of daily entered sum per annum pro rata================================================== ==COVER EXCLUSIONSBangladeshCOVER LIMITATIONS:For India, Brazil, West African ports (Morocco to South Africa both inclusive)
    a 2 day deductible to apply.================================================== ==CLASS IIIRule 10(a)(i) Crew strikeRule 10(a)(x) Machinery DamageExcludedOPTION 1Rule 10(a)(ii) Collision, Grounding, Stranding & Striking FFO's10 days in excess of 4 days deductibleRule 10(a)(iii to ix) Delay 7 days in excess of 1 day deductibleRate: 58.85% of daily entered sum per annum pro rata

    The above cover offer will be comprehended once you have downloaded the Rule Book http://www.thestrikeclub.com/HTML/library_rule.htm

    Hope the above helps



  3. #3
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    Jun 2006
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    Athens
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    1.592

    Προεπιλογή

    Thanks.

    I am not going to go into calculations of course, but it gives us a general idea.

    The club's homepage however doesn't open. Maybe they have changed their website address (???)

  4. #4
    Εγγραφή
    Sep 2006
    Περιοχή
    Athens
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    10

    Προεπιλογή

    The correct address reads as follows:

    http://www.thestrikeclub.com/HTML/default.htm

  5. #5
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    Jun 2006
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    Athens
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    1.592

    Προεπιλογή

    We are really talking about high speed in response here!!!

    Thanks again.
    Τελευταία επεξεργασία από το χρήστη Petros : 23-12-2007 στις 21:22

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