
Form FR-2
VERIFICATION OF INSURANCE
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ISSUED TO The Offshore Pollution Liability Association
Limited (hereinafter referred to as the
" Association"), whose address is. .........................................................................................................
We the undersigned Insurance Brokers hereby certify and agree:
| (1) |
that Policy Number .................................. effective
from ................................................(Time and
Date)
and expiring .....................................................................
(Time and Date) has been issued to
................................................................................................
(hereinafter referred to as the "Insured"),
whose address is ..................................................................................................................................
Limit: Per Incident US$ ............................... Aggregate
Per Policy Year US$ ...............................
Deductible: Per Incident US$ ............................
Policy applies to ...........................................................
..........................................................................................
Description and location of Designated Licence(s)
|
| (2) |
that the policy covers
the Insured's liability for claims for Remedial Measures and/or
Pollution Damage arising out of or resulting from an Incident,
as those terms are defined in the Offshore Pollution Liability
Agreement dated 4th September 1974 as amended from time to time
(hereinafter referred to as "OPOL"), occurring during
the period the policy is in effect; |
| (3) |
that the coverage afforded
by the said policy will not be cancelled or materially changed
until notice in writing has been given to the Insured and to
the Association at |
| furthermore, that such cancellation
and/or change shall not become effective until after the expiration
of 30 days from the date the notice is received by the Association,
or until substitute evidence of financial responsibility as required
by OPOL has been filed with and accepted by the Association,
whichever occurs first; and |
| (4) |
that any amendment,
change or extension of such contract will only be effected by
specific endorsement attached to the policy. |
| The issuance of this document does
not make the Association an additional insured, nor does it modify
in any manner the contract of insurance between the Insured and
the Insurers. |
Date ...........................................................
Name of Agent or Broker ............................................................
Address......................................................
By .............................................................
(Authorised Signature)
...................................................................
Name .........................................................(Typed
or Printed)
...................................................................
Title ...........................................................
(Typed or Printed)
|