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Product Benefits
For the Ship Owner:
- Traditional P&I insurance provided by a financially sound 'A' rated Insurer.
- Coverage specifically tailored for you, in consultation with your broker, to meet your own particular operational requirements and needs.
- Policy Limit selected by you (up to a maximum US$50,000,000), sufficient to meet the exposures arising from your operations.
- Avoidance of unnecessary coverage ensures maximum cost-effectiveness.
- Product is fixed cost, allowing for accurate budgeting.
- The total cost is immediately evident - no subsequent and / or unexpected additional, supplementary, release or overspill calls.
- The price is determined in a competitive market environment without any restrictive covenants.
- Your insurance experience is not affected by that of other operators.
- Service to you is provided by an experienced in-house specialist team, backed by the exacting standards of Navigators Group.
- World-wide support is available through a network of P&I Correspondents, surveyors and experts.
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For the P&I Broker:
- Business enquiry response within 24 hours.
- Application Form and Policy Wording available on our web site.
- Cover can be provided as reinsurance of a local Insurance Company.
- Aid and advice on FD&D matters can be given. Navigators P&I will suggest appropriate professional advisers, if necessary.
- Bail / undertakings may be provided to assist an Assured where an insured vessel is detained or threatened with arrest.
- Ancillary / other Marine coverages may be available from the Navigators Group.
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