Loss of management fee insurance is a vital cover for ship managers. This is offered as an endorsement to ship manager members' existing liability policies and covers them if they are not paid their fee as a result of a ship under their management being lost through actual or constructive total loss.
Cover is offered either for an individual management contract or annually for all contracts concluded throughout the year. In the latter case there is no need to make individual declarations as they are automatically covered.
To request a quote, please fill out a Loss of Management Fee Insurance proposal form.
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