Interlegal lawyers consulted the shipowner upon maritime insurance agreement

A client applied Interlegal to clarify provisions of the Water Transport Voluntary Insurance Agreement, in view of the insurance event - engine breakdown causing significant losses for the client. In order to secure recognition of such breakdown as an insurance event, followed by receiving full insurance indemnity in whole amount of costs incurred by the client, Interlegal team, including the associate attorney Irina Bushuyeva and lawyer Nikita Kocherba, drafted a legal advice clarifying specifications of the procedure for fixing the fact of an insurance event, the procedure for notifying the insurer and securing collection of a set of necessary documents.

Interlegal lawyers also clarified the procedure for bringing to responsibility and the amount of possible liability to be borne by persons whose actions caused an insurance event, as well as drew attention to key provisions of the insurance contract and its practical aspect, in order to exclude all possible risks in future and to prevent the insurance company from rejecting payment of insurance indemnity.

Unfortunately, without proper legal support, insurants cannot always rely on receiving insurance benefits.

Interlegal is ready to provide professional and prompt legal assistance upon all the matters related to insurance events.