Get the free AIG Global Marine Charterer's Legal Liability Application

This application collects details regarding a charterer's legal liability, including information about the applicant's business, vessels, cargo, loading/discharging details, and insurance coverage.

How to fill out aig global marine charterers

How to fill out AIG Global Marine Charterer's Legal Liability Application

1. Start by downloading the AIG Global Marine Charterer's Legal Liability Application form from the AIG website or obtain a physical copy from your insurance broker.
2. Read the instructions carefully to understand what information is required.
3. Fill in your company information including name, address, and contact details at the top of the application.
4. Provide details about the marine operations including types of cargo handled, trading areas, and any subcontracting arrangements.
5. Answer any questions related to past losses or claims to provide history of your marine liability.
6. Include information about the vessels used and any recommended safety measures or protocols followed.
7. Review your application to make sure all sections are completed and accurate.
8. Submit the application to AIG via their specified submission method, whether online or by mail.

Who needs AIG Global Marine Charterer's Legal Liability Application?

1. Businesses or individuals involved in maritime operations who need coverage for potential liabilities arising from chartering vessels.
2. Companies that transport goods by sea and wish to protect themselves against claims from third parties.
3. Freight forwarders and logistics companies that facilitate marine shipping activities.

People Also Ask about

What is the liability of a charterer?

A charterer will have an obligation to indemnify the owner for third party liability where this results from a breach of the Charter Party by the charterer or arises out of activities which are the charterer's responsibility. Most ships are chartered either on a time charter or voyage charter contract.

What is legal liability insurance coverage?

Liability insurance typically covers legal costs and payouts if the Insured is found legally liable for claims of harm or wrongdoing against a third party, including injuries or property damage. Unlike other types of insurance, liability insurance pays third parties, not policyholders.

What does ship repairers legal liability cover?

Ship Repairer's Legal Liability is designed for ship repairers and provides care, custody & control for damage to vessels under repair or alteration by the Insured.

What does charterers legal liability cover?

Charterers legal liability coverage is a type of marine insurance designed to provide coverage for the liabilities including those of care, custody, and control (CCC) assumed by a party chartering a vessel when the vessel's operation remains in the control of the vessel's owner.

What does foreign General Liability cover?

Solution: Your Foreign GL policy would provide third-party property liability for damages caused by your employee while traveling internationally. It would pay for the cost of defense, expenses, and damages that you are liable for.

What is marine insurance in English?

Marine insurance offers coverage for any damage or loss related to ships, cargo, terminals, transports, or transfer. Simply put, a marine insurance policy will cover any loss or damage surrounding the boat or watercraft.

What is the legal liability responsibility?

Legal liability is when you are legally responsible for the financial loss of another under the law. This responsibility can arise from intentional actions, accidents, or contracts. Essentially, you become “legally liable” when you are sued for damages, and the court finds you financially responsible for those damages.

What is liability in marine insurance?

Marine Liability is insurance for liability or property damages to a third party while engaged in marine-related operations. All risks that one would associate with a traditional marine liability account are typically covered, including: Protection and Indemnity (P&I)

For pdfFiller’s FAQs

What is AIG Global Marine Charterer's Legal Liability Application?

The AIG Global Marine Charterer's Legal Liability Application is a form that businesses use to apply for insurance coverage that protects charterers against liabilities incurred during the charter of marine vessels.

Who is required to file AIG Global Marine Charterer's Legal Liability Application?

Individuals or entities that charter vessels and seek insurance coverage for their legal liabilities related to those charters are required to file the application.

How to fill out AIG Global Marine Charterer's Legal Liability Application?

To fill out the application, applicants must provide accurate information regarding their business, the nature of the charters, the types of cargo involved, and any previous claims or liabilities related to shipping activities.

What is the purpose of AIG Global Marine Charterer's Legal Liability Application?

The purpose of the application is to assess the risk associated with the chartering activities of the applicant and to determine the appropriate insurance coverage needed for legal liabilities.

What information must be reported on AIG Global Marine Charterer's Legal Liability Application?

Information required includes details about the applicant's business, fleet size, chartering practices, cargo types, and any historical claims or incidents related to marine liability.