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Section 3: Hull insurance - extended cover

  • Clause 17-18. Extended cover of damage to machinery

    Where the insurance contract states that Cl. 17-13 shall not apply to the hull insurance, the rules in Chapter 12, together with the amendments that follow from Cl. 17-14 and Cl. 17-15, shall apply to the cover of damage to machinery, electronic equipment, etc.

    Damage to factory machinery for the preparation or processing of catch, etc. shall, however, not be covered unless the damage is a result of the vessel having been subjected to a collision, striking, an earthquake, an explosion outside the machinery or a fire, or of the vessel having sunk or capsized.

    Costs of removal of the vessel in connection with damage to a seine winch, line hauler, trawl winch or other hauling device for fishing gear, fish pumps, etc. shall not be covered if the damage is subject to a deduction under Cl. 17-15 (c).

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    Clause 17-18. Extended cover of damage to machinery

    Section 2 applies in full to the other parts of the hull insurance. The fact that extended cover for damage to machinery has been agreed will be evident from the insurance contract , see sub-clause 1 . In such case, damage to machinery, electronic equipment, etc. will be covered in accordance wit...