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Table of contents

APPENDIX V. DEDUCTIBLES

1 Introduction

a) The Association's standard deductibles shall be as set out in this Appendix.
b) For the purposes of this Appendix, the Association shall determine in its absolute discretion under which Rule any particular liability, loss, cost or expense is covered.

2 P&I entries

a) The standard deductibles for liabilities, losses, costs and expenses incurred by all the assured under any one P&I entry are as follows (subject to paragraphs 2(b) and (c) below):

i) Crew
All liabilities, costs and expenses covered under Rule 27 and arising out of any one event: USD 7,000.
ii) Passengers and others carried on board
All liabilities, costs and expenses covered under Rules 28 or 29 and arising out of any one event: USD 7,000.
iii) Cargo
All liabilities, costs and expenses covered under Rule 34 and arising out of any one cargo carrying voyage: USD 19,000.
iv) Pollution
All liabilities, costs and expenses covered under Rule 38 and arising out of any one event: USD 19,000.
v) Fines
All liabilities, costs and expenses covered under Rule 47 and arising out of any one event: USD 19,000.
vi) Collision with other ships and damage to fixed and floating objects
All liabilities, costs and expenses covered under Rule 36.1.a) and Rule 37 a) and arising out of any one event: USD 24,000.
vii) Other P&I liabilities etc.
All liabilities, losses, costs and expenses covered under any Rule, other than Rules 27, 28, 29, 34, 36.1(a), 37(a), 38 and 47 and arising out of any one event: USD 7,000, save that deductible(s) in relation to liabilities, losses, costs and expenses covered under Rules 31 and 32 can be waived by the Association in its sole discretion on a case by case basis where the Member has incurred the relevant costs and expenses due to rescuing or attempts to rescue migrants, refugees or other people at sea.

b) For the purpose of applying a deductible under this paragraph 2 there shall be added to the relevant liabilities, losses, costs and expenses ("the relevant liabilities") as described in sub-paragraph (a) above the amount of any losses, costs and expenses which are covered under any of Rules 44, 45 and 46 and which are incurred in relation to the relevant liabilities.
c) Where it is agreed in the terms of P&I entry that a separate deductible shall apply in respect of a particular category (but not all) of the liabilities, losses, costs or expenses referred to in any of paragraphs 2(a)(i) to 2(a)(iv) above, that separate deductible shall apply to all liabilities, losses, costs or expenses within that category and the standard deductible shall apply to all other liabilities, losses, costs or expenses covered under the same Rule or Rules and arising out of the same event or cargo carrying voyage.

3 Defence entries

a) The standard deductible for all legal and other costs covered under Rules 65 and 66 and incurred by all the assureds under any one Defence entry and arising out of any one event shall be 25 per cent of the legal and other costs, subject to a minimum deductible of USD 5,000.

b) The Association shall determine in its absolute discretion in respect of the Defence cover, whether any legal and other costs and expenses have arisen out of one or several events, irrespective of whether one or several Ships were involved.