P & I Cover

P & I Cover

Indian Ocean P&I Club Association of Ceylon

Clubs cover a wide range of liabilities including:

  • personal injury to, illness or death of crew, passengers and others on board,
  • cargo liability,
  • oil pollution,
  • wreck removal
  • liability to fixed and floating objects
  • collision liability

We also provide a wide range of services to our members on legal issues and loss prevention, and often play a leading role in the management of casualties.

P&I cover

In order to guarantee a full liability, Industry standard demands on the technical condition of an entered vessel will remain throughout any vessels entry into the Indian Ocean P&I Club Association of Ceylon.

Indian Ocean P&I Club Association of Ceylon require that an entered vessel is and remains classed with a classification society approved by the P&I Club (and thus complies with the rules, recommendations and requirements of that classification society).

Members shall comply with all statutory requirements of the state of the Ship’s flag.

These statutory requirements do relate to the construction, adaptation, condition, fitment, equipment, manning, safe operation, security and management of the vessel.

Furthermore, a P&I Club may at any time during the period of entry appoint a surveyor to inspect the vessel.

Salient Features

Club offers a limit of liability up to USD 1 billion

Club enters Tankers regional to Middle East and India

Clubs Main Underwriting criteria warrants that the vessel must be IACS so that all members benefit with good quality vessels entered in the Club

Club has very good experience with EU and Major Flag states.

Involvement of the P&I Club

Indian Ocean P&I Club Association of Ceylon works on the industry standard according the principal of “pay to be paid”.

In practice this means that a ship Owner has to pay costs, compensations or settlement funds for claims first and can then recover these costs from the P&I Club based on the rules on Indian Ocean P&I Club Association of Ceylon Association of Ceylon Rule Book, terms of entry.

The rules of the Indian Ocean P&I Club Association of Ceylon are the general conditions which are basically the same for all Clubs. The terms of entry are the custom made clauses of a contract of entry of a Member which stipulates issues as deductibles, height of the call (premium).

Claims Service

Since shipowners do not like to pay more than necessary and/or since they want to be sure that they can recover all costs from the P&I Club and/or they want to use the P&I Clubs expertise, they often involve the P&I Club in the decision making, the costs control process, the management of casualties or claims and the (legal) contractual liability handling.

For this reason, Indian Ocean P&I Club Association of Ceylon will take the factual lead in handling of P&I related matters.

Crewing

  • Medical costs, hospitalisation, maintenance and other costs related to injury to or illness of a crew member.
  • Costs and expenses for the repatriation of a crew member and his personal belongings.
  • Costs for funeral and other costs related to the death of a crew member or the costs and expenses of the repatriation of the remains (coffin / urn) and personal effects.
  • Costs and expenses for sending a substitute to replace the repatriated or dead crew member or crewmember who has to be left behind (hospitalisation).
  • The payment of compensation or damages related to the injury, illness or death of a crewmember.
  • The payment of wages of an injured, ill crewmember.
  • Costs related to the loss or damage to personal effects of a crewmember.