Subject to the exclusions detailed in the policy All Risks of loss or damage to the subject-matter insured caused and discovered during the period of insurance,including latent defect.

Also including,Loss or damage caused and discovered during the period of this insurance arising from faulty design of any part (or parts thereof), but not the cost or expense of repairing, modifying,replacing or renewing the faulty part(s), nor betterment or alteration in design.

Other items specifically covered by CertAsig:

• Sea Trials (up to 250 miles)
• Launching Failure
• Protection and Indemnity
• Collision Liability
• General Average
• Salvage
• Sue and Labour Expenses