What is P & I or protection and indemnity insurance ?

  1. Total loss and Constructive Total loss
  2. Particular Average (A partial loss proximately caused by an insured peril)
  3. Perils of the sea, lakes or other navigable waters
  4. Fire, explosion
  5. Violent theft by persons from outside the vessel
  6. Jettison of cargo
  7. Piracy
  8. Boiler explosions
  9. Stranding/grounding damage
  10. Damage due to heavy weather
  11. Fire
  12. Damage occasioned by crew negligence

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