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The Shipowner and Insurance

Shipowners Insurance

Hull & Machinery Insurance Policies incorporating either Institute Time Clauses Hulls 1983 or 1995 or International Hulls Clauses 2003

Liability Insurance Placed with either a mutual Protection and Indemnity Club (P& I Club )or fixed premium Insurer e.g. a syndicate at Lioyds of London

Hull and Machinery Insurance


Hull & Machinery Insurance

Loss/Damage to ship,equipment or stores

3/4ths Collision Liability towards damage to the other ship

Salvage General Average

Shipowners Liability Insurance (P & I)


Shipowners Liability Insurance

Loss/Damage To cargo

Damage to 3rd Party property Including 1/4ths RDC*

Compensation For illness/ injury Or death of Crew, stevedores

Oil Pollution Including clean Up costs and fines

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