Lay-up returns of call (February 2009)
- Date: 20/02/2009
Lay-up returns of call (275 kB)
A properly laid up ship reduces P&I risks and after lay up the Club will return a portion of Calls to reflect the reduced risk.
Owners laying up a ship can apply for a partial return of P&I premium paid to the Club. This Guidance Note explains the Club’s policies.
The Club has also published a loss prevention guide to assist Members. Forms to apply for returns are available from the Underwriting Department.
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