The Towage Insurance is a type of policy that covers the risks during the towage of another ship or object.
The Conditions covered by the Towage Insurance are as follows :
· towage of the insured vessel for the purpose of entering or leaving a port or manoeuvring
within the port during the ordinary course of trading
· towage of the insured vessel from port to port or place to place
· towage of another vessel by the insured vessel