Risk Management: Protecting What Matters
Preparing for the Unexpected
Marine operations can involve complex contracts, commercial disagreements, and legal disputes. Our Defence (FD&D – Freight, Demurrage & Defence) Insurance solutions are designed to provide support for certain legal costs and expenses arising from disputes connected with vessel ownership, operation, chartering, and other maritime activities.
With appropriate protection in place, shipowners, charterers, and other maritime businesses can better manage the financial risks associated with resolving covered disputes.
Defence (FD&D) Coverage
Charter Party Disputes
Coverage may provide support for legal costs associated with certain disputes arising from charter party agreements and contractual obligations.
Freight & Demurrage Disputes
Protection may be available for eligible legal expenses involving disagreements over freight, hire, demurrage, and other commercial shipping matters.
Cargo-Related Disputes
Support for certain legal and contractual disputes involving cargo transportation, handling, delivery, or associated responsibilities.
Contractual Disputes
Coverage may extend to eligible disputes involving shipbuilding, repairs, supplies, services, and other maritime contracts.
Legal Defence Costs
Policies may provide financial support for eligible legal fees, professional advice, and defence expenses associated with covered maritime disputes.
Managing Maritime Legal & Commercial Risks
Even carefully planned marine operations can result in disagreements over contracts, payments, responsibilities, or performance.
Defence (FD&D) Insurance can provide access to financial support for eligible legal and professional costs, helping businesses manage disputes while protecting their commercial interests.
Why Consider Defence (FD&D) Insurance?
- Protection against certain maritime legal expenses
- Support for charter party disputes
- Coverage for eligible freight and demurrage matters
- Assistance with contractual and commercial disputes
- Helps manage the financial impact of legal proceedings
- Suitable for various maritime operations
- Coverage tailored to specific operational requirements
Be Prepared for Maritime Disputes
Unexpected legal and contractual disputes can be costly and time-consuming. With appropriate Defence (FD&D) Insurance, your business can be better prepared to manage covered disputes and protect its commercial interests.
Protecting What Matters. Preparing for the Unexpected.
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Coverage, limits, deductibles, exclusions, and availability are subject to the terms and conditions of the applicable insurance policy.
