The Member is afforded protection against the majority of the liability risks to which they may be exposed in the course of their maritime activities.
Standard P&I Cover
In a world of increasing complexity, Pandinusa’s objective is to help our Members and clients manage the totality of their exposures – both to existing and developing risks.
Owners mutual P&I is our largest line of business. As a multi-line insurer – with the strongest rating in the marine market – Pandinusa is uniquely positioned to understand how risks fit together, and identify the best choice of products, ensuring seamless coverage and service.
Scope of Cover
The assured is covered for standard P&I risks set out in the Pandinusa Rules when the assured’s liabilities incur in direct connection with the operation of the ship.
- Loss of or damage to cargo
- Pollution from the ship, or its cargo
- Loss of life and injury to crew members or passengers
- Removal of wreck • Damage to fixed or floating objects
- Collisions with other ships
- Fines
War Risk
The war risks cover provides the shipowner with insurance against war perils during situations of war or war-like conditions. War perils are usually excluded under the standard Hull and Machinery conditions, so it is necessary for an assured to buy cover separately against war risks.
Pirates & Terorism Risk
Why Choose Us
- The largest mutual P&I club with steady growth in quality tonnage
- Committed to high quality service
- Swift and correct settlement
- Tailor-made additional products
We offer comprehensive insurance solutions for most conventional vessel types and operations, including liner, tanker, bulk and passenger/cruise operations. We understand the challenges and can provide tailor-made protection for a wide range of trades and operations worldwide.
Our focus is entirely on the maritime industries – we understand where you have come from, and the dynamics of your businesses. This provides real depth to the contribution we make, and our highly experienced staff of claims handlers and underwriters can share their experience and expertise.
Other Services
Via our partnership with PT. BINASENTRA PURNA, we also provide assistance to businesses who would like to purchase other type of insurance, such as :
- MARINE HULL & MACHINERY
- CARGO INSURANCE
- ENGINEERING INSURANCE
- HEAVY EQUIPMENT INSURANCE
- MACHINERY BREAKDOWN INSURANCE
- AVIATION HULL INSURANCE
- SURETY BOND & BANK GARANSI
- AUTOMOTIVE INSURANCE
- OTHER MISCELLANEOUS INSURANCE
The standard P&I cover reflects the scope of cover in the IG Pooling Agreement and as such does not cover all liabilities that shipowners, charterers and operators may face in connection with the operation of their ships.
In order to meet the liability insurance needs arising in connection with certain types of ships, operations and trades, Gard has developed a number of fixed premium additional covers, many of which are tailored to work “hand-in-hand” with the underlying standard P&I cover. Examples are:
- Comprehensive carriers’ liability cover • Extended crew cover • Defence cover
- Tour operators’ cover
- Divers’ P&I cover
- Container cover
- Ship manager liability cover
- CGL for offshore vessels
- Extended loss of hire cover