Comprehensive coverage to suit the financial profile of the company by:
- Property All Risk (insured at declared value, based on Operator's annual informed estimation of replacement cost / additionally 25% hereon for sue & labour / additionally 25% hereon for removal of wreck and debris / deductible USD 1,000,000 gross)
- Increased cost of reconstruction (bolt-on coverage at 40% of declared value of property, payable in the event of actual or constructive total loss)
- Control of well (limit at DKK 1,000,000,000 gross / deductible USD 1,000,000 gross)
- Third Party Liability (limit at DKK 1,000,000,000 gross / deductible USD 800,000 gross)
- Business interruption (limit at USD 50/bbl up to 360 days / deductible first 60 days)
- Placed to underwriters (Lloyds and companies) with minimum of A (S&P / A.M. Best)