Defence class cover (also known as FD&D) provides a member with cover for his legal and other expenses incurred in defending or pursuing legal proceedings in relation to the operation of their entered ships.
These will typically arise out of disputes under charterparties, bills of lading and other operational agreements. The club can also provide cover for new building and conversion disputes by special agreement.
Cover is by its nature discretionary in that the club must be satisfied as to the merits and quantum of the case and that the expenditure will have a beneficial result. Cover is limited to $5m.
Standard Bulletin - Defence Special Editions
Recurring Defence topics