P and I Club

Protection and Indemnity Club

Insurance are required by each ship to trade, carry cargo etc.

P&I clubs are "Not for profit" clubs, which provide insurance to ship owner.

Shipowners takes this is type of insurance to cover himself from various kinds of risk and their claims.

P and I 

  1. Provide cover a wide range of liabilities to ship owner.
  2. Helps Master and ship owner to faster decisions.
  3. Provide advise for claims handling to ship owner.
  4. Provide advice on legal issues.
  5. Provide circular and notices for best practice.
  6. Generally have local office to provide faster guidance to ship staff.
  7. Have good communications skills and links.
  8. Provide advice on loss prevention.

Masters can call P and I club representative if there is a damage or chances of claims. 

Ship owner has to pay premium depending upon .

  1. Ship Size 
  2. Age of ship
  3. Vessel type (Tanker, container ship, bulk carrier etc)
  4. Cargo: which a vessel is certified to carry.
  5. Trading areas
  6. Shipowner's history
  7. Operator's history
  8. Previous claims 
  9. Type of coverage required

 Some Claims and Liability included  

  1. Liability to passengers \ persons other than seafarers
  2. Illness \Injury \death of seafarers 
  3. Ship crew repatriation expenses 
  4. Cargo liabilities and claims
  5. Loss of and damage to seafarers and passenger stuff
  6. Shipwreck unemployment indemnity
  7. Ship wreck liabilities
  8. Voyage Deviation expenses
  9. Stowaways 
  10. Rescue of Life  
  11. Loss or damage to property 
  12. Marine Pollution risks 
  13. Towage liabilities 
  14. Indemnities liabilities
  15. Unrecoverable general average contributions 
  16. General average compensation 
  17. Salvors compensation 
  18. Fines
  19. Sue and labour and legal costs
  20. Refugees cost 
  21. Collision 
  22. Quarantine expenses 
  23. contracts liabilities

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