Protection and Indemnity Insurance
What is Marine Protection and Indemnity Insurance?
Protection and indemnity (P&I) liability insurance is specifically designed to address the unique needs of the marine industry. It covers third-party risks for Crew and Passenger, Wreck removal, Third party property damage (Fixed and Floating Objects), and Pollution Liability.
For shipowners and charterers, P&I cover picks up where hull and machinery insurance ends - protecting you against the third-party liabilities that arise from operating a vessel, from injury to the people on board to damage to the environment.
Product Brochure
Plan Overview
Key Coverage
Comprehensive protection across the core third-party liabilities every vessel operator faces.
Crew Liability
Personal injury and loss-of-life claims in respect of crew members, including hospital, medical, funeral and repatriation expenses. This also extends to cover the abandonment of seafarers.
Passenger Liability
Personal injury and loss-of-life claims in respect of passengers and other third parties on board during the operation of the ship, including hospital, medical and related expenses.
Third-Party Property Damage (Fixed and Floating Objects)
This covers liabilities arising from damage to fixed and floating objects excluding collision of ship.
Wreck Removal Liability
Liability and costs of compulsorily removing, destroying or marking the wreck. Liability arising out of the ship causing an obstruction.
Pollution Liability
Oil spills from, or caused by, an entered ship resulting in pollution of sea, land or air.
Who is it for?
Our Protection & Indemnity cover suits vessels operating across Malaysian and regional waters, and helps you meet the statutory insurance requirements under the Merchant Shipping Ordinance (Amendment and Extension) Act 2011. Through our own capacity and trusted partnerships, we arrange tailored cover for vessels of every size.
Core Values
- Fair underwriting for all members
- First-class services
- Value-added benefit from expert advice
- Proactive loss prevention and handling services
- Financial stability with strong reserves
- Continued support for new and existing members
- Committed to building a strong relationship with clients
- Approachable and easily accessible
- Energetic and strong work ethics
- 100% backed by the Malaysian Government
- Innovative strategies and tailored solutions
- Unrivaled service in all areas
Protect your vessel with P&I Malaysia
Get a tailored quotation or speak to our team about your cover.
