Clauses
Please note: The following insurance conditions and clauses are standard policy conditions and thus purely illustrative. They are not binding on Cefor members. The parties negotiating an insurance contract are completely free to agree upon other insurance conditions and clause wordings or modify the listed insurance conditions and clauses.
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03.11.25, Clauses
On 3 November, Cefor, in cooperation with Equinor ASA and the Nordic Shipowners’ Associations, launched the new Nordic Offshore Wind Insurance Conditions (NOWIC) .
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21.03.25, Clauses
Cefor Know Your Customer (KYC) Clause is now available for use. The purpose of the KYC Clause is to ensure that the insurer is able to meet its legal obligations, irrespective of where the insurer is based or which office/branch that concludes and/or fulfil the insurance contract.
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02.01.25, Clauses
Interest Rate for the year 2025 on claims settled in accordance with the Nordic Marine Insurance Plan of 2013, Version 2023, is now avaliable under Clauses.
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