Risks Covered by P & I Insurance in United Arab Emirates

Comprehensive Risks Covered by P & I Insurance in United Arab Emirates

P & I (Protection and Indemnity) insurance provides a wide range of coverage options for maritime risks in United Arab Emirates. Designed for shipowners, operators, and vessel operators, P & I insurance protects against a variety of liabilities that could arise during operations at sea. These risks are diverse and critical to safeguard against, ensuring smooth operations and financial protection for your maritime business.

Key risks covered under P & I Insurance in United Arab Emirates include:

• Personal Injury and Death: Coverage for injuries or fatalities involving crew members, passengers, or third parties during vessel operations, including compensation and legal defense.
• Environmental Pollution: Protection for environmental damage caused by your vessel, such as oil spills, hazardous cargo leakage, or accidental contamination of water bodies.
• Collision Liabilities: Coverage for damage or loss resulting from collisions between your vessel and other ships, ports, or infrastructure, including legal fees and repair costs.
• Cargo Loss or Damage: Coverage against damage or loss of goods being transported on board, including cargo that may be lost due to storms, improper handling, or accidents.
• Wreck Removal and Salvage: Costs associated with removing a wrecked vessel from the sea, including salvage operations and environmental remediation efforts following a sinking or grounding incident.
• Legal Costs and Defense: Coverage for legal expenses if you are sued or involved in a maritime dispute, ensuring financial protection during litigation processes.
• Third-Party Liability: Coverage for damage to third-party property or injury to individuals caused by your vessel’s operations, such as accidents at the port or collisions with other ships.
• Port and Harbor Liability: Protection against liabilities incurred when operating in ports or harbors, including any damages or claims arising from docking, loading, or unloading activities.

Ensure Your Maritime Operations are Fully Covered!

P & I insurance in United Arab Emirates offers peace of mind by covering all these risks, ensuring that your vessel, crew, cargo, and operations are well protected. Whether you're involved in international shipping, coastal navigation, or harbor operations, comprehensive P & I coverage is essential to mitigate risks that could lead to financial hardship or reputational damage.

For personalized advice and to get a customized quote for your maritime insurance needs, contact us today!