protection and indemnity association
insurance
Also known as: P. and I. Club
Learn about this topic in these articles:
marine insurance
- In maritime law: Marine insurance
…owners banded together in “protection and indemnity” associations, commonly known as “P. and I. Clubs,” whereby they insured each other against the liabilities to which they were all exposed in the operation of their vessels. These included liability for cargo damage, personal injury, and damage to piers, bridges, and…
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