Section III: Marine, river and lake liability insurance

Subject to the provisions of article L. 173-24, the injured third party has a direct right of action against the insurer covering the civil liability of the person liable. The insurer may not pay to a party other than the injured party all or part of the sum owed by him, as long as that party has not been paid and to that extent, except in the case of allocation…

Where a limitation fund has been set up, creditors whose rights are subject to limitation under the terms of articles 58 to 60 of law no. 67-5 of 3 January 1967 on the status of ships and other sea-going vessels have no action against the insurer.

Liability insurance, the purpose of which is to compensate for damage caused to third parties by the vessel and which is guaranteed under the terms of article L. 173-8, only takes effect if the sum insured by the hull policy is insufficient.

Whatever the number of events occurring during the term of the liability insurance, the sum underwritten by each insurer constitutes, per event, the limit of its commitment.