{"id":303,"date":"2025-02-22T13:28:12","date_gmt":"2025-02-22T13:28:12","guid":{"rendered":"https:\/\/levantpandi.com\/?page_id=303"},"modified":"2025-02-22T14:28:29","modified_gmt":"2025-02-22T14:28:29","slug":"increased-value-insurance","status":"publish","type":"page","link":"https:\/\/levantpandi.com\/index.php\/increased-value-insurance\/","title":{"rendered":"Increased Value Insurance"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Increased Value cover protects the shipowner against any difference between the insured value of the vessel and the market value of the vessel.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Compensation under Hull &amp; Machinery Policy in the event of Total Loss is not enough to cover expenses for replacement of the vessel, which may result in a difficult situation for the Shipowner.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Increased Value Insurance makes it possible to replace the vessel and minimize economic consequences of the Total Loss.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Indemnity paid under Increased Value Insurance policy will also protect the Shipowner against loss of freight.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Increased Value cover protects the shipowner against any difference between the insured value of the vessel and the market value of the vessel. Compensation under Hull &amp; Machinery Policy in the event of Total Loss is not enough to cover expenses for replacement of the vessel, which may result in a difficult situation for the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"saved_in_kubio":false,"footnotes":""},"class_list":["post-303","page","type-page","status-publish","hentry"],"kubio_ai_page_context":{"short_desc":"","purpose":"general"},"_links":{"self":[{"href":"https:\/\/levantpandi.com\/index.php\/wp-json\/wp\/v2\/pages\/303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/levantpandi.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/levantpandi.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/levantpandi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/levantpandi.com\/index.php\/wp-json\/wp\/v2\/comments?post=303"}],"version-history":[{"count":2,"href":"https:\/\/levantpandi.com\/index.php\/wp-json\/wp\/v2\/pages\/303\/revisions"}],"predecessor-version":[{"id":360,"href":"https:\/\/levantpandi.com\/index.php\/wp-json\/wp\/v2\/pages\/303\/revisions\/360"}],"wp:attachment":[{"href":"https:\/\/levantpandi.com\/index.php\/wp-json\/wp\/v2\/media?parent=303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}