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:
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. Zolos Maritime is handling insurance matters through it’s partner companies. We provide service to our customers 24/7 for following matters:
