Posts Tagged ‘P&I Cover’

The underwriter shall indemnify the Assured against those liabilities, losses, costs and expenses, arising from events occurring during the Period of Insurance and incurred by the Assured in respect of the operation of the Insured Vessel. Full story

UK P&I Club - What is P&I?   Shipowners insure against loss of or damage to their ships with hull underwriters. They look to the P&I Clubs for insurance against their liabilities to others. These include their exposure to claims for damage or compensation in respect of the following heads of cover. The following description is a 'layman's guide' to the Rules of the Club and should not be treated as in any way definitive of the terms of cover provided. If you would like to see the full text of the Rules, please see Publications. Full story