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What is P&I Insurance?
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What is P&I Insurance?

P&I insurance, or Protection & Indemnity insurance, is a type of maritime insurance that provides coverage for shipowners and charterers for third-party liabilities arising from the operation of a vessel. P&I insurance is typically required by shipowners and charterers. P&I insurance provides coverage for third-party liabilities arising from the operation of a vessel, such as...

What is a P&I Club Insurance?
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What is a P&I Club Insurance?

 “P&I Club Insurance” (Protection and Indemnity Club Insurance) is a marine insurance which provides cover to shipowners for third-party liabilities encountered in the commercial operation of entered vessels. P&I Club Insurance is designed to complement a vessel’s hull and machinery insurance and related covers. What does the P&I Club cover? This type of insurance, which...