P&I (Protection & Indemnity)

P&I (Protection and Indemnity) Insurance is a maritime insurance that protects shipowners and operators against third-party liabilities, including crew injuries, environmental damage, collisions, cargo loss, and legal expenses. It is usually provided by mutual P&I clubs, allowing members to share risks and costs.

NEW CLASS

10/7/20241 min baca

ship cruising on body of water
ship cruising on body of water

What is P&I (Protection and Indemnity)?

P&I is a type of marine insurance provided by P&I clubs to protect shipowners, operators, and charterers against legal liabilities arising from ship operations. Unlike standard commercial insurance, P&I covers a broader range of claims such as cargo damage, crew injuries, environmental pollution, and ship collisions.

What Does P&I Cover?

  • Cargo: Protection against claims for cargo damage or loss.

  • Crew & Passengers: Coverage for injury, death, or repatriation of crew and passengers.

  • Pollution & Environmental Damage: Costs of cleaning up spills and legal liabilities for pollution or environmental damage.

Why is P&I Important?

P&I offers comprehensive protection against various legal risks that ships face, ensuring smooth maritime operations, and helping shipowners comply with international standards and port regulations.

For a deeper understanding of maritime legal protection, we invite you to join our class on P&I (Protection and Indemnity). Learn more about the coverage, benefits, and how to protect your business from various risks at sea.

For details on scheduling and registration, please contact our customer service at [contact number]. Don’t miss this opportunity to ensure you are protected on the water!"