Owners' P&I Insurance
All-Inclusive Shipowners' Liability to Cargo (SOL)
is a comprehensive cover for various risks related to breaches of the contract of carriage of cargo.
Who can be covered?
Members with existing full P&I cover with The Swedish Club. Please see the above brochure for more details.
Limits: Max USD 50 million
Deductibles: Standard Cargo deductible
All-Inclusive Crew Cover
will protect a shipowner and provide insurance for crew liabilities and liabilities against third-party interests not covered under P&I insurance. Circumstances covered include:
- Pre-delivery crew
- Crew attending at a shipyard
- Crew attending training courses
- Superintendents at a shipyard or on board
Who can be covered?
Shipowners covered by The Swedish Club for P&I
Limits: USD 10 million
Deductibles:
Crew liabilities: agreed crew deductible
Third-party liabilities: USD 20,000
Exxon GA Clause Insurance
Some oil companies include a clause limiting their responsibility for General Average (GA) in charterparties for tankers.
Who can be covered?
Owners
Limits: USD 10 million
Deductibles: USD 50,000
North America Clean-up Cover
The United States requires shipowners to have an oil spill contingency plan.
Who can be covered?
Shipowners and/or charterers who are members of an International Group P&I Association
Limits: USD 25 million, option USD 50 million, for any one accident or occurrence or series of accidents or occurrences arising out of one event.
Deductibles: USD 25,000 for any one accident or occurrence or series of accidents or occurrences arising out of one event.
