Gard’s bunkers’ cover protects Members from total loss of bunkers as a result of a vessel grounding, sinking or capsizing. The cover protects against financial loss attributable to the casualty.

Our bunkers’ cover is a good example of how we have widened our product range, offering time charterers cover for the loss of bunkers as well as bunkers’ contribution to general average. This cover minimises financial loss to the charterer and covers a wide range of risks, from total loss to crew negligence and collision.

Gard Members with underlying charterers’ P&I cover.

The insurance is offered on standard terms based on the Institute Bulk Oil Clauses 1.2.83., Institute War Clauses (Cargo) and Institute Strike Clauses (Cargo) 1.1.82.