Forsikringen omfatter:
This Clause is nearly verbatim the same as Cl. 19-9 apart from letter (b), which is not incorporated into Cl. 18-87 as there is no need to distinguish between yard and owner’s supplies in the construction risks insurance when the risk is assumed by the assured. Letter (a) comprises all components...
Forsikringsværdien, når projektet er færdiggjort, udgør:
Inden projektet er færdig til levering, udgør forsikringsværdien efter stykke 1 med fradrag for:
This Clause is nearly verbatim the same as Cl. 19-10 but edited as appropriate to fit construction and rebuilding of MOUs. A new letter (d) is added to sub-clause 1. The Clause defines the insurable value in construction risks insurance. Sub-clause 1 defines the insurable value when the Project ...
Ved totaltab kan forsikrede kræve forsikringssummen udbetalt, dog ikke udover forsikringssummen, jf. § 18-88.
This Clause corresponds to Cl. 19-13 but is simplified in accordance with the general rule in Cl. 4-1. In the event of total loss, cf. Cl. 18-90, the insurer covers the sum insured, but not in excess of the insurable value, cf. Cl. 18-88. According to Cl. 18-88, the insurable value is defined as...
Bestemmelserne indeholdt i Afsnit 2-2 ovenfor er gældende med følgende ændring til § 18-10, stykke 2 og 3 udskiftes med følgende:
Den forsikrede kan kræve erstatning for totaltab når projektet har så omfattende havariskader, at omkostningerne ved at reparere vil udgøre mindst 100 % af forsikringsværdien i henhold til § 18-88 eller 80 % af forsikringssummen, hvilken værdi der måtte være lavest.
The Clause was amended in the 2019 Version. The concepts of insurable value and sum insured is of particular relevance when deciding if the conditions for claiming compensation for a total loss under this provision is fulfilled. These amounts and the relationship between them are explained in Cl....
Hvis den mobile offshore enhed eller dele heraf er blevet beskadiget uden § 18-90 finder anvendelse, skal reglerne i Afsnit 2-3 være gældende, med de ændringer som fremgår af § 18-92 og § 18-93.
Cl. 18-91 expressly provides that Section 2-3 shall apply to the construction risks insurance, but as amended by Cl. 18-92 and Cl. 18-93. If the Project (or components and materials for the Project) are damaged without constituting a total loss pursuant to Cl. 18-90, the insurer shall indemnify t...
Er skaden en følge af konstruktionsfejl, fabrikationsfejl eller materialefejl, svarer assurandøren ikke for omkostningerne ved at forny eller reparere den eller de dele af skroget, maskineriet eller udstyret som ikke var i forsvarlig stand.
For dele og komponenter som er færdige gælder § 18-20.
Sub-clause 1 is verbatim the same as Cl. 19-15. Reference is made to the Commentary to Cl. 19-15. Sub-clause 2 provides that for parts or components that are completed, Cl. 18-20 shall apply. This entails that for such parts or components there will be the same cover for error in design etc. unde...
For skade på Projektet, som opstår og opdages mens det er ved værft eller ved enhver offshore projekt placering, er assurandøren ikke ansvarlig for omkostninger opstået i forbindelse med:
Cl. 18-93 corresponds to Cl. 19-17 and exclude from the construction risks insurance the so called 20% p.a. rule. This limitation of the cover as compared with the cover for MOUs in operation only applies when damage to the Project occurs and is discovered whilst at a yard or any other onshore...
Cefor - The Nordic Association of Marine InsurersCefor - The Nordic Association of Marine Insurers