Protective Co-assured

English to Russian Law/Patents Insurance Certificate of Entry

Protective co-insurance clause
Where a Member enters into a charterparty or other contract for the provision of services to, or employment of, the Ship (the “Charterparty”), the other party to the Charterparty and its co-ventures, affiliates and associates and any other interested parties shall be Protective Co-assured under the Member’s cover subject always to all terms and conditions in the contract of insurance agreed between the Member and the Association.

Co-assured - сострахователь.