Why Professional Indemnity Insurance Is Essential for Shipowners

Third-Party Liability Coverage

Covers injury or damage caused to other vessels, passengers, or third parties—beyond the scope of hull or marine insurance.

Environmental Risk Protection

Covers the substantial costs of pollution, oil spills, environmental cleanup, penalties, and reputational damage

Cargo Loss & Damage

Provides compensation for cargo-related claims not covered under standard marine insurance.

Legal Defense & Costs

Covers legal fees, court expenses, and settlements arising from maritime disputes and liabilities.

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