FD&D
Defence cover, also known as FD&D (Freight, Demurrage & Defence), provides Assureds with access to comprehensive legal assistance and professional advice from lawyers in shipping disputes included in the cover (non-P&I matters).
This cover is available to shipowners and charterers as a standalone product or can be combined with other insurances offered.
Key Features
- Cover for legal, expert, arbitration, mediation and associated costs in respect of a wide range of disputes typically encountered
by vessel operators - Access to an in-house expert legal team for advice and assistance
- High limits of cover for all claims available
- No minimum claim value
- Expert advice, guidance and case management during disputes, including cost control and assistance during mediation
and other forms of dispute resolution
P&I insurance covers the legal liability for damages that ship owners or operators can be exposed to in connection with operating the vessel.
Charterers’ liability cover for time and voyage charterers.
Hull & Machinery insurance is insurance against physical damage to the vessel.