Protection and Indemnity Insurance

Ocean Marine Protection and Indemnity Insurance (P&I Insurance)
Ocean Marine Protection and Indemnity Insurance provides coverage for bodily injury and property damage liability that are typically excluded under standard ocean marine policies. This insurance extends protections to wharfs, docks, and harbors, and covers costs such as removing wrecks, disinfecting, and quarantining ships.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.