UK P&I Club – What is P&I?
Shipowners insure against loss of or damage to their ships with hull underwriters. They look to the P&I Clubs for insurance against their liabilities to others.
These include their exposure to claims for damage or compensation in respect of the following heads of cover. The following description is a ‘layman’s guide’ to the Rules of the Club and should not be treated as in any way definitive of the terms of cover provided. If you would like to see the full text of the Rules, please see Publications.
1. Personal injury to or illness or loss of life of crew members
2. Personal injury to or loss of life of stevedores
3. Personal injury to or illness or loss of life of passengers and others
6. Life salvage
i. One-fourth collision liability
ii. Other risks excluded from the Running Down Clause
iii. Excess collision liability
8. Loss or damage to property other than cargo
9. Pollution
10. Towage contract liabilities
11. Liabilities under contracts and indemnities
14. Cargo’s proportion of general average or salvage
15. Certain expenses of salvors
16. Fines
17. Legal costs
18. “Omnibus” cover
19. Overall conditions of cover
21. Selection by shipowners of particular heads of cover and of deductibles
copied from:
http://www.ukpandi.com/ukpandi/infopool.nsf/HTML/InsuranceCover
