The owner insured the vessel with first-class insurer against all customary risks for a vessel of its size and type. Copies of all relevant insurance documentation will be available for inspection by the charterer prior to the charter period on reasonable notice to the owner and will be carried on board the vessel.
Under normal circumstances the charterer will only be liable for such costs and/or losses as may be incurred repairing damage caused by the charterer and/or guests and/or visitors, intentionally or otherwise, and those costs will be deducted from the security deposit. In case that the security deposit amount does not suffice to cover the damage, the charter shall make an additional payment to cover the difference.
The charterer will carry independent insurance for personal effects whilst on board or ashore for the charter period, all for any medical and/or accident expenses incurred other than covered under the vessels's insurance.
The owner insured the vessel with first-class insurer against all customary risks for a vessel of its size and type. Copies of all relevant insurance documentation will be available for inspection by the charterer prior to the charter period on reasonable notice to the owner and will be carried on board the vessel.
Under normal circumstances the charterer will only be liable for such costs and/or losses as may be incurred repairing damage caused by the charterer and/or guests and/or visitors, intentionally or otherwise, and those costs will be deducted from the security deposit. In case that the security deposit amount does not suffice to cover the damage, the charter shall make an additional payment to cover the difference.
The charterer will carry independent insurance for personal effects whilst on board or ashore for the charter period, all for any medical and/or accident expenses incurred other than covered under the vessels's insurance.