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Mutual-insurance for passengers is intended to indemnify the ship owners for legal liabilities on the crew members injuries while on duty and additional civil charges.

Coverage

                        Loss

Conditions

Total loss

Loss protection cost

Salvage charge

General average

Particular Average

Collision indemnity

T.L.O. S/C, S/L

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F.P.L UNLESS ETC.

I.T.C (HULLS)

 Present State of Insurance for Ships
Year 2003 2004 2005 2006 2007 2008
No.of ships 1.646 1.740 1.810 1.957 2.170 2.180

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