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      This insurance, usually referred to as “P&I,” provides cover to shipowners, operators, and charterers for third-party liabilities encountered in the commercial operation of entered vessels. The main risks covered are liabilities, expenses, and costs for:

  • Loss of life, injury and illness of crew, passengers and other persons

  • Cargo loss, shortage or damage

  • Collision

  • Damage to docks, buoys and other fixed and floating objects

  • Wreck removal

  • Pollution

  • Fines and penalties

  • Mutiny and misconduct by crew

  • Crew repatriation and substitution

  • Damage to property on board the insured vessel

  • Quarantine

  • Vessel Diversion Expenses

  • Unrecoverable General Average contributions

  • Vessel’s proportion of General Average

 

       P&I cover is designed to complement a vessel’s hull and machinery insurance and related covers. It is distinguished from ordinary marine insurance in that it is based on the not-for-profit principle of mutuality where members of the club are both the insurers and the insureds. As a consequence, the scope of cover offered by P&I insurance is unsurpassed in its reach and cost-effectiveness.Leadsmar is handling insurance matters through it’s partner companies.We provide service to our customers 7/24 for following matters ;

  • Protection and Indemnity Insurance (3rd party liability for shipowners)

  • Freight Defence and Demurrage (legal assistance to shipowners)

  • Time Charterer’s P&I and F.D&D. Liability insurance

  • Certificates of Financial Responsibility (COFR) in respect of Water Pollution Liabilities

  • Cargo in transit Insurance

  • P&I Crew Risks

  • Hull & Machinery Insurance for ocean going vessels

  • Hull Interests, i.e. Increased Value and Freight

  • War & Piracy risks

  • Kidnap and Ransom

  • Loss of Hire

  • Strike Insurance

  • SOL (Shipowners Liability Insurance)

  • Cruise Cancellation insurance (including terrorism)

  • Liability covering Marina Operators, Stevedores Terminal Operators and Port Authorities.

  • Insurance of NVOCC operators, Freight Forwarders, etc.

  • Ships Cash, Concessionaires, Personal Accident Insurance etc.

 

S & P

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Carsi Mahallesi, Feraset Sokak, No. 4 Kat. 16 D. 107, 34876  Yakacik, Kartal, Istanbul, Turkey

+90 541 372 48 25 

+90 216 309 63 92 

+90 216 451 39 39

info@livamarine.com 

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