In the rapidly evolving circumstances of the current Covid-19 pandemic, marine insurers are seeking to introduce new contractual terms to limit policy cover for additional ‘pandemic delay’ related expenses or even exclude them altogether. A number of suggested wordings have entered circulation, which merit analysis and consideration.
In this summary article, Heather Robinson, Director, Marine Adjusting, Richards Hogg Lindley, reviews the application of the following clauses to practical, repair situations:-
- LMA Communicable Disease Exclusion, drafted by the Joint Excess Loss Committee (the Lloyds Market Association and the International Underwriting Association)
- CEFOR's communicable disease exclusion and pandemic delay clause
