Which ocean marine coverage provides comprehensive liability insurance for property damage caused by the ship to piers and docks,damage to the ship's cargo,and injury to the passengers or crew?

Question

Quizplus · Accepted Answer

Protection and indemnity insurance, also known as P&I insurance, is a type of marine liability insurance that provides comprehensive coverage for property damage caused by the ship to piers and docks, damage to the ship's cargo, and injury to the passengers or crew. It also covers other liabilities such as pollution, wreck removal, and fines and penalties. Therefore, protection and indemnity insurance is the best choice for the given scenario.

Which Ocean Marine Coverage Provides Comprehensive Liability Insurance for Property