What does Putting In Expenses mean? Read on to discover the definition & meaning of the term Putting In Expenses - to help you better understand the language used in insurance policies.
Putting In Expenses
A coverage extension found in a protection and indemnity policy that pays for port charges incurred as well as the net loss to the policyholder when the vessel must deviate from its specified route to put ashore a sick or injured passenger or crew member.
We hope the you have a better understanding of the meaning of Putting In Expenses.