Institute Time Clauses Hulls Port Risks

1.0 MARINE HULL INSURANCE 1.0.1 BASIC PRINCIPLES

Port areas can be insured under Institute Time Clauses Hulls Port Risks dated 20.07.1987 which affords cover in respect of balance 1/4th collision liability and wreck removal liability, limited to sum insured. Such risks are commonly referred to as ‘P&I risks’ [Refer to Para 1.0.10].

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