The policy provides valuable liability protection for: - Injury, illness and loss of life resulting from the operation of the insured vessel
- Medical and other expenses resulting from injury, illness or loss of life of a crew member
- Loss or damage to the property of others not on board
- Wreck removal
- Payment of fines and penalties
- The costs involved in investigating and defending claims and lawsuits
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Protection & Indemnity is written in conjunction with Hull & Machinery Insurance for vessels and marine operations such as: Tugs
Barges
Fishing vessels
Excursion boats
Marine contractors
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Coverage can be tailored to your needs. The policy can be designed to include: - Cargo legal liability
- Liability protection for passenger's baggage and personal effects
- The expenses associated with getting crew members back home and compensating them for lost wages.
- Policy forms include the American Institute P&I Clauses SP23 and SP38
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