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P&I Insurance, Protection and Indemnity
At Brokmar, we offer the possibility of taking out insurance coverage with the most prestigious P&I Clubs. This coverage protects Shipowners from any third-party claims arising from the use and ownership of their commercial Vessel or Yacht.
Protection Coverage
These policies cover liabilities related to the vessel ownership. The most significant are:
- Collision liability
- Crew liability
- Passenger liability
- Supernumeraries (family members, repair technicians during sea passage, the ship operator’s guests)
- Third parties (ship’s visitors, stevedores, passers-by)
- Stowaways, refugees
- Life salvage
- Damage to fixed or floating bodies
- Damage to vessels when there has never been any contact whatsoever
- Removing remains of shipwrecks
- Special compensation and “scopic” bond: the Club shall pay the Special Compensation for salvage
- Towage (both towing/TUG and towed TOW)
Indemnity Coverage
These are the liabilities arising from the operation and use of the vessel.
- Cargo liabilities (loss, damage, or delays)
- Fines:
- By the Customs Authorities (importing and exporting goods: excess, few goods, no cargo declaration, delay in presenting documentation, not declaring hazardous goods)
- Border police (people entering the country illegally)
- Due to crew conduct (desertions)
- Safety of vessel, people and port (non-compliance with regulations on safety or pollution)
- Quarantine costs
- Concerning the towage contract of the registered vessel
- Sue and labour costs
- Both-to-blame collision clause
- General average and salvage
- Excessive contribution to general average and compensation for salvage
Why take out insurance with Brokmar?
WIDE RANGE OF INSURANCE
COVER OPTIONS
CLAIMS
MANAGEMENT
GREAT NEGOTIATION
POWER
100% SAFE
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