Nordic Plan vs Guestway

THE NORDIC PLAN 2013, Version 2023 The Nordic Marine Insurance Plan of 2013 (Based on the Norwegian Marine Insurance Plan of 1996, Version 2010) was approved as of 1 October 2012 by all five signatory parties to the Nordic Plan Agreement. The signatory parties are: Cefor – The Nordic Association of Marine Insurers The Danish Shipowners’ Association The Finnish Shipowners’ Association The Norwegian Shipowners’ Association The Swedish Shipowners’ Association The language of the Plan and Commentary is English, with translations of the Plan text available in four Nordic languages. The amendments showing changes from the Norwegian Marine Insurance Plan of 1996, Version 2010 and its Commentary are marked in both the printed, web and app versions of the Plan. The Preface to the 2013 Plan contains a list of all the changes made compared to the 2010 Version of the Norwegian Plan: http://www.nordicplan.org/The-Plan/Preface. Members of the Standing Revision Committee are also listed here. The Plan is a set of standard policy conditions and is not therefore mandatory in any way. The Plan is recommended as a sound and balanced solution, but it is up to the parties in each case to decide through negotiation the exact terms of their specific agreement.

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