Owner/manager’s vessel will be insured under P&I insurance warranted that the risks have occurred either from legal /contractual liability of the owners or the risks are derived from peril’s of the sea.
Cover is being provided mainly in the following sections:
- Crew claims
- Stowaway claims
- Collision (unless otherwise specified only ¼ of collision liability is under P&I cover, remaining is included with hull and machinery policy under London, Institute Time Clauses- Hulls.
- Wreck removal
- Cargo claims
- Pollution and mitigation expenses
- Towage risks during towage of vessel
- Quarantine expenses
Speak to a member of your team.