GroundRules
46 CFR 308.402: Insurance during vessel construction period.
Where this section sits in the code
- Title 46—Shipping
- CHAPTER II—MARITIME ADMINISTRATION, DEPARTMENT OF TRANSPORTATION
- SUBCHAPTER G—EMERGENCY OPERATIONS
- PART 308—WAR RISK INSURANCE
- Subpart E—War Risk Builder's Risk Insurance
(a) Prelaunching period. This period is from the date and time the first material destined for inclusion as part of the vessel becomes at risk at the shipyard of the builder to the date and time the vessel first becomes water-borne after launching.
(b) Postlaunching period. This period is from the date and time the vessel first becomes water-borne after launching to the date and time of delivery of the vessel by the builder.
(c) Portions of periods. A vessel may be insured for a portion of either period as cited in paragraph (a) or (b) of this section at the sole discretion of the Maritime Administrator.
Collected 2026-08-27T02:26:22Z. Source file · JSON