These policies are generally backed up by the International Group of P&I clubs or Fixed P&I Clubs and the main risks covered are liabilities, expenses, and costs for:
- Loss of life, injury, and illness of crew, passengers, and other persons;
- Cargo loss, shortage, or damage;
- 3/4th Collision Liabilities with an option to include 4/4th Collision Liabilities;
- Damage to docks, buoys, and other fixed and floating objects;
- Wreck removal;
- Pollution;
- Fines and penalties
- Crew repatriation and substitution