Gard Guidance to Masters

Rate this article:

Table of contents

1.3 SCOPE OF INSURANCE COVER

The general scope of the P&I insurance cover provided by Gard is defined in the

Gard Statutes and Rules.

The specific scope of the insurance cover taken out by the individual Company is set out in the

Certificate of Entry, a copy of which should be kept on board the ship.

The general scope of the Hull and Machinery insurance cover provided by Gard is defined in the

insurer’s Cover Note, and

the underlying insurance clauses to be applicable, as agreed between the Company and Hull and Machinery insurer.

The main areas of the P&I cover involves liabilities arising out of

liabilities to third parties arising out of a collision or damage to fixed and floating objects (FFO), if not otherwise covered under the Hull and Machinery insurance cover

personal injury, illness or death

damage to the marine environment

cargo damage

damage to third party property.

The main areas covered by the Hull and Machinery cover are

damages to the vessel, her structure, machinery and fittings, and

liabilities to third parties arising out of a collision or damage to fixed and floating objects (FFO), if not otherwise covered under the P&I Certificate of Entry.

In all cases, however, the Master should act to minimise any potential exposure of the Company as if the Company is not insured.

Should the Master believe that the liability of the Company, and therefore the P&I or the Hull and Machinery insurers, may be involved, the Master must, when circumstances allow, immediately inform the Company and obtain instructions as to how to proceed.

1.3 Scope of insurance cover