The insured must disclose every material fact or circumstance to the insurer before the contract is concluded: that is, before the insurer accepts the risk.
Facebook
Linked In
Instagram
Contact Us
News
Calculators
Resource Center
REMOVAL OF WRECK
A vessel sunk in a harbour or some other place where it is a danger to shipping, may be marked, lighted or destroyed by the Authorities, and the cost of so doing charged to the owner of the vessel. Where a marine hull policy covers P&I risks, the Insurer will reimburse expenses for removal of wreck.