The Environment Agency (Inland Waterways) Order 2010

Article 11

SCHEDULE 3 INSURANCE POLICIES AS TO VESSELS

1.  An insurance policy must be issued by an insurer authorised under the Financial Services and Markets Act 2000(1) to carry on in Great Britain or in Northern Ireland insurance business of a relevant class or who has corresponding permission under the law of another member State.

2.  Subject to paragraph 3, the policy must insure the owner of the vessel and such other person, persons or classes of persons (if any) as is or as are authorised by the owner to have control of the vessel, in respect of any liability which may be incurred by the owner or any such other person resulting from the presence of the vessel on the waterways in respect of the death of or bodily injury to any person or any damage to property.

3.  The policy is not by virtue of this Order required—

(a) to cover liability in respect of the death, arising out of and in the course of employment, of a person in the employment of a person insured by the policy or of bodily injury sustained by such a person arising out of and in the course of that person’s employment;

(b) to cover liability in respect of damage to the vessel to which the policy relates;

(c) to cover liability in respect of goods carried on or in the vessel to which the policy relates, or any vessel drawn or propelled by such vessel;

(d) to cover any liability of a person in respect of damage to property in that person’s custody or under that person’s control;

(e) to cover any contractual liability; or

(f) to provide cover in respect of any one accident for a sum in excess of such sum as may for the time being be determined by the Agency for the purposes of this paragraph.

(1)

2000 c. 8.