Collision and Striking Cover

The Nordic Plan Chapter 13 covers collision (RDC,  collision with another vessel)  and striking (FFO, contact with fixed or floating objects).  An additional sum insured is available for this liability and a separate deductible is applicable.

Under Cl. 8.1 of ITCH, liability cover is limited to liability resulting from collision (no FFO). The insurers' liability is limited to 3/4th of the sum insured and is allowed in excess of the sum insured. Only one deductible applies under Cl. 12 for both damage and RDC. The full deductible will apply for collision liability if the vessel is deemed a total loss.

In both cases it is common practice to vary the standard solutions, often by transferring cover for collision liability to the vessel’s P&I entry.

For further information, contact:

Viggo Thomas Kristensen
Phone: +47 23 08 65 54