Articles
Published 2008-11-12
Keywords
- Construction All Risks policy,
- Erection All Risk policy,
- construction insurance,
- WELCAR 2001 Offshore Construction Project Policy,
- offshore industry
- subrogation,
- exclusion clause,
- deductibles,
- insurance coverage,
- policy limits,
- wear and tear,
- physical loss or damage,
- deterioration,
- Inchmaree Clause,
- Institute Additional Perils Clause - Hulls,
- loss notification ...More
Abstract
In this paper, James provides an overview of the WELCAR 2001 Offshore Construction Project Policy and discusses, from a legal perspective, some of the issues which have arisen in practice in respect of its (and thereby similarly worded Construction All Risk (CAR) policies) interpretation and application. James also utilises a number of case examples from different common law jurisdictions.
Readers should note that this copy of the paper may be incomplete.