What is inchmaree clause ?

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Insurers to indemnify for 3rd part mistakes like Master, crew, Pilots, Surveyors, Stevedores, Dock Labours etc.

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A standard clause in maritime insurance contracts covering risk of events not directly linked to perils at sea such as, but not necessarily limited to, loading accidents.Named after a ship called the Inchmaree which suffered damage as a result of the breakdown of a pump.

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It is the duty of the assured, their servants and agents to take such necessary measures to prevent and minimize losses. Sue and labour charges are expenses incurred by the assured in preventing or minimizing loss or damage due to an insured peril. Underwriter will contribute to charges incurred under sue and labour.