International Hull Clause enabling the insurer to take tenders for repair after notification of a loss. The insurer can decide where repairs are carried out and veto a particular place of repair or particular ship-repairing firm. The insurer makes an allowance (30 per cent of insured value) for time lost between invitations to tender and acceptance.
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A clause in a Marine Hull Policy which provides for immediate notification of accident and gives the insurers various rights in connection with repairs, including one to take tenders for repairs.