{"id":180,"date":"2024-06-21T18:10:57","date_gmt":"2024-06-21T18:10:57","guid":{"rendered":"https:\/\/umo-insurance.com\/umo\/?page_id=180"},"modified":"2024-06-21T18:20:20","modified_gmt":"2024-06-21T18:20:20","slug":"protection-and-indemnity","status":"publish","type":"page","link":"https:\/\/umo-insurance.com\/umo\/protection-and-indemnity\/","title":{"rendered":"Protection and Indemnity"},"content":{"rendered":"\n<p>\u200e <br \/>By Protection &amp; Indemnity policy <span style=\"color: #0000ff;\"><strong>Universal Marine Overseas<\/strong> <\/span>offers insurance protection for ship-\u200eowners against:\u200e<br \/>\u2022 claims for damages from various third parties<br \/>\u2022 claims arising from accidents with crew<\/p>\n<p><br \/><span style=\"color: #0000ff;\"><strong>\u200e- Benefits of this insurance:\u200e<\/strong><\/span><br \/>\u2022 allows to smooth volatility of the company cash flow<br \/>\u2022 prevents ship owner\u2019s balance sheet from catastrophic losses<br \/>\u200e \u200e<br \/><span style=\"color: #0000ff;\"><strong>Scope of Cover<\/strong><\/span><br \/>\u2022 Liability in respect of seamen<br \/>\u2022 Liability to persons (other than seamen and passengers)\u200e<br \/>\u2022 Expenses of diversion of an insured ship<br \/>\u2022 Liability arising from collision with other ships<br \/>\u2022 Liability for loss of or damage to fixed and floating object<br \/>\u2022 Liability for environmental pollution<br \/>\u2022 Liability in respect of towage<br \/>\u2022 Liability for wreck removal<br \/>\u2022 Liability in respect of cargo<br \/>\u2022 Special compensation to salvers<br \/>\u2022 Liability in respect of war and strike risks<br \/>\u200e \u200e<br \/>\u200e \u200e<br \/><span style=\"color: #0000ff;\"><strong>Target vessels:\u200e<\/strong><\/span><br \/>Small and medium tonnage of dry cargo ships and bulk carrier<br \/>\u2022 GCS &lt; GT 10,000,\u200e<br \/>\u2022 bulkers &lt; GT 10,000,\u200e<br \/>\u2022 Fishing &lt; GT 7,000,\u200e<br \/>\u2022 tankers &lt; GT 7,000,\u200e<br \/>\u2022 Port and supply vessels, tugs<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u200e By Protection &amp; Indemnity policy Universal Marine Overseas offers insurance protection for ship-\u200eowners against:\u200e\u2022 claims for damages from various third parties\u2022 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-180","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/umo-insurance.com\/umo\/wp-json\/wp\/v2\/pages\/180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/umo-insurance.com\/umo\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/umo-insurance.com\/umo\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/umo-insurance.com\/umo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/umo-insurance.com\/umo\/wp-json\/wp\/v2\/comments?post=180"}],"version-history":[{"count":2,"href":"https:\/\/umo-insurance.com\/umo\/wp-json\/wp\/v2\/pages\/180\/revisions"}],"predecessor-version":[{"id":196,"href":"https:\/\/umo-insurance.com\/umo\/wp-json\/wp\/v2\/pages\/180\/revisions\/196"}],"wp:attachment":[{"href":"https:\/\/umo-insurance.com\/umo\/wp-json\/wp\/v2\/media?parent=180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}