Skip to main content
A contract is signed

Contractual Exposures

Many owners insure their vessels but keep exposures assumed in contracts uninsured. Norwegian Hull Club offers a wide range of covers for different contractual exposures.

In addition to the ones listed below, we can consider other contractual exposures and create bespoke solutions.

Connected covers

Cancellation of Contract

Most Owners insure their vessels, but leave contracts uninsured. This product addresses the latter.

Deductible Buy Down

This insurance enables a contractor client to buy that deductible down to an acceptable level.

Liquidated Damages

Norwegian Hull Club can offer protection against this added cost, and the cover will be tailormade to the specific contracts.

Cyber-Attack Exclusion Buy-Back

Norwegian Hull Club's Cyber insurance is the first of its kind in the market with a unique two level approach.