Marta Millán
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The Megayacht market: Increased scrutiny from H&M Underwriters when it comes to maintenance and yard works performed by subcontractors

Posted by Marta Millán

A common practice It is common practice to find a clause in Hull & Machinery policies that states that coverage will remain in full force during routine maintenance and the annual refit. Notwithstanding the foregoing it is a condition precedent that if a vessel is under major repair/alteration – including hot works –…

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