Ship Owners P&I Insurance

Ship owners insurance indemnifies ship owners for second and third party contractual and statutory liability.

Ship owners faces several risks in their country of registration as well as in foreign waters. They are responsible for the cargo they carry for third parties, for their use of port property, their crew, and taking care to avoid oil spillage or clear wreckage. For all these and more, ship owners can opt for appropriate P&I covers.

P&I underwriters are usually specialised underwriters who offer a monoline product for ship owners. In addition to this, they also handle claims and offer support across the world through their specialised network of correspondents.

 Please refer to the policy document for the complete scope of cover and list of exclusions and other terms and conditions under the policy.