Part Four
Other insurances
Ch 19
Builders risks insurance
Sec 1
Common provisions
§ 19-1
Perils covered/Re. § 2-8 cf. § 2-10
§ 19-2
Insurance period/Re. § 1-5
§ 19-3
Co-insurance/Re. § 8-1
§ 19-4
Transfer of the building contract/Re. § 3-21
§ 19-5
Place of insurance
§ 19-6
Removal plan/Re. § 3-22 and § 3-25
§ 19-7
The sum insured as the limit of the liability of the insurer/Re. § 4-18 and § 4-19
§ 19-8
Deductible
Sec 2
Loss of or damage to the newbuilding
§ 19-9
Objects insured/Re. § 10-1
§ 19-10
Insurable value
§ 19-11
Total loss in the event of condemnation
§ 19-12
Total loss where the yards obligation to deliver no longer applies
§ 19-13
Compensation in the event of a total loss/Re. § 4-1
§ 19-14
Damage/Re. chapter 12
§ 19-15
Limitation of the insurers liability/Re. § 12-1
§ 19-16
Compensation for unrepaired damage/Re. § 12-2
§ 19-17
Costs incurred in order to save time/Re. § 12-7, § 12-11 and § 12-12
Sec 3
Indemnification of additional costs incurred in an unsuccessful launching and costs of wreck removal
§ 19-18
Additional costs incurred in an unsuccessful launching
§ 19-19
Costs of wreck removal
Sec 4
Liability insurance
§ 19-20
Scope of the liability insurance.
§ 19-21
Limitations on the liability insurance
Sec 5
Supplementary covers
§ 19-22
Applicable rules.
§ 19-23
Insurance of additional costs in connection with rebuilding.
§ 19-24
Insurance of the yards liability for the buyers interest claim for instalments paid.
§ 19-25
Insurance of the yards loss of interest and daily penalties in the event of late delivery.
Sec 6
Supplementary cover for war risks
§ 19-26
Perils insured.
§ 19-27
Insurance period
§ 19-28
Other applicable provisions