46 USC 57519 - Insurance
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Sec. 57519. Insurance
A charter under this chapter shall require the charterer to carry, at the charterer’s expense, insurance on the chartered vessel covering all marine and port risks, protection and indemnity risks, and all other hazards and liabilities, adequate to cover damages claimed against and losses sustained by the chartered vessel arising during the term of the charter. The insurance shall be in such form, in such amount, and with such companies as the Secretary of Transportation may require. In accordance with law, any of the insurance risks may be underwritten by the Secretary.
Sections: 57512 57513 57514 57515 57516 57517 57518 57519 57520 57521 57531 57532 57533 58101 58102
Last modified: July 21, 2011