Strike and Delay from The Standard Club helps vessel operator members protect revenue and control costs. This cover continues to provide the features and benefits previously offered by The Strike Club’s Marine Delay Insurance, now backed by the strength and proven capability of a leading International Group (IG) P&I club.
Strike and Delay cover is offered by the Strike and Delay Class of The Standard Club group, providing cover to vessel operators for the cost of delays arising from 29 different risks. Cover can be tailored for specific operations, to manage the particular risks of your business.
Whether you're an owner or a charterer, Strike and Delay protects your revenue when your vessel is held up by strikes, port closures, collisions, breakdowns and other unexpected delays. From 2012-2018, The Strike Club paid out US$61m in claims to members.
Strike and Delay cover neatly complements Protection & Indemnity (P&I) cover. P&I provides third party liability insurance for a variety of risks, some of which invariably cause delays to the vessel as well. Examples include actual or alleged pollution from the vessel, navigational errors, handling of stowaways and saving life at sea.
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