Protection and Indemnity
Protection and Indemnity (P&I) liability insurance is specifically designed to protect the interest of vessel owners.
The cover provided under the P&I includes the following:
- Protection against personal injury, illness and death claims from crew
- Liability claims as a result of collision
- Removal of wreck
- Stowaways and repatriation
- Damages to or loss of cargo
- Damages to fixed or floating objects
- Civil liabilities imposed after pollution or oil spill
- Liability under approved towage contracts