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Section 5: Supplementary cover for nets and seines in the sea

  • Clause 17-29. Objects insured

    The insurance covers drift nets and ring nets with necessary accessories which are in the sea and which belong to the assured. The insurance does not, however, cover sensors, etc.

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    Clause 17-29. Objects insured

    The distinction between objects which are on board the vessel and objects which are in the sea is commented on in further detail in the Commentary on Cl. 17-19 (b). The insurance does not cover any seines other than ring-nets in the water. The objects that are insured under the supplementary cove...

  • Clause 17-30. Excluded perils/Ref. Clause 2-8

    In addition to Cl. 2-8 the following shall apply:

    The insurer does not cover loss resulting from:

    • the object insured getting caught on the seabed, unless this is due to an unknown wreck or wreckage,
    • defects in the object insured,
    • the vessel, its accessories or equipment not being in a proper condition due to wear and tear, corrosion, rot, inadequate maintenance or similar causes,
    • the object insured having been in contact with ice, or
    • normal use of the object insured.

    The assured has the burden of proving that the loss is not attributable to perils as set forth in (a) – (e).

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    Clause 17-30. Excluded perils/Ref. Clause 2-8

    The most common damage is that seines get caught on the sea bed. The insurers are prepared to cover such damage subject to the limitations that follow from sub-clauses (a) to (e). Such cover could actually be achieved by extending the Clause defining liability, while otherwise retaining the...

  • Clause 17-31. Deductible

    For any one casualty the amount stated in the insurance contract shall be deducted.

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    Clause 17-31. Deductible

    The deductible shall be agreed on an individual basis and be stated in the insurance contract . The deductible shall also apply in the event of total loss.

  • Clause 17-32. Duties of the assured in the event of a casualty/Ref. Clause 3-29

    In addition to Cl. 3-29 the following shall apply:
    The assured shall send notification of the casualty to the fisheries inspectorate giving particulars of when and where the loss took place, identifying marks and age as well as other information which may be of significance for the purpose of identifying the lost tackle.

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    Clause 17-32. Duties of the assured in the event of casualty/Ref. Clause 3-29

    The purpose of the provision is to make it possible to identify lost objects if they are recovered. This provision comes in addition to the ordinary duty to notify the insurer in Cl. 3-29. In the event of a failure to comply with this duty, Cl. 3-31 shall apply. The text was slightly amended in t...