Charterers’ P&I risks covered
- Standard P&I risks
- Damage to hull, including costs of removal and replacement of bunkers even where there is no damage
- Charterers’ liabilities for general average contributions in respect of freight and bunkers at risk
- War risks including terrorism
Premium/record
- Fixed premium
Limits
1bn
USD
per event
Frequently asked questions
From 20 February 2025 the cover will be based on our new Rules for Charterers.
Like owners mutual P&I, the P&I cover for charterers is a named-risk-cover which also includes charterers liability for damage to the hull, charterers` contribution to general average and
costs relating to removal and replacement of off-specification bunkers that may damage the ship.
The combination of high limits, flexible terms and a worldwide service network has attracted many major charterers, particularly operators of oil, gas and chemical carriers, oil companies and commodities traders but also large dry bulk and container operators. Through continuous adaptation and enhancement, today’s cover offers a comprehensive and cost effective insurance arrangement for charterers of ships in trades where there is a need for catastrophe protection and high limits of cover.
