POST & CO (P&I) B.V. COMPREHENSIVE CHARTERERS’ LIABILITY PROGRAM

For many years already POST & CO (P&I) B.V. are leading brokers in handling comprehensive Charterers’ Marine Liability programs specifically tuned to meet with the ever increasing demands from the complex industry. These vary from the usual Time and Voyage charter activities on commonly known charterpartyforms – see www.bimco.org - with traditional cargoes carried on conventional tonnage up to the more complex trading activities of container carriers (including pre- and on-carriage, storage, transshipment at hub ports etc) as well as special shipments (heavy lift, project cargoes, tug and barge operations, offshore activities) for which activities quite often special terms are agreed.
As long as the majority of P & I Clubs will be part of the International Group of P & I Clubs it is only logical that the traditional cover provided by each of them will be very similar, or at least comparable. Nevertheless P &  I Clubs are different in their approach on typical Underwriting matters, or services in general, and it is our job to know and guide our clients.

These tailor made packages combine the traditional types of Insurance in one format which gives the advantage and the certainty to the Insured that only one document deals with all the aspects of the cover, summarized as follows:

Charterers’ P&I Insurance

The cover provided under this Section is as per the Rules of a P&I Club being a Member of the International Group of P&I Clubs (thus the widest cover available) with no exclusion for War Risks etc.

Charterers’ F. D. & D. Insurance

The cover provided under this Section is as per the Rules of a P&I Club being a Member of the International Group of P&I Clubs and covers the costs of disputes not covered under the P&I Section and can be arranged at compatible pricing if on basis of an annual aggregate limit.

Charterers’ Legal Expenses Insurance

The cover provided under this Section is to cope with the deductible applicable to the F, D&D arrangements, thus avoiding the necessity to settle the deductible applicable under the F, D&D

Charterers’ Damage to Hull Insurance

The cover provided under this Section is to cover the damage to or loss of the vessel if the Charterer is legally liable for same under the Charter party.

Charterers’ Detention Insurance

The cover provided under this Section is to cover the true net loss of the Charterer if he is unable to use the vessel following damage to the vessel for which the Charterer is legally liable under the Charter party.

Charterers’ Deviation Insurance

The cover provided under this Section is to cover the physical damage to cargo for which the Charterer in his capacity as Carrier is liable and following a breach under the contract of carriage resulting in the Charterer being unable to recover under the P&I Section.

Charterers’ Bunkers Insurance

If you would like to have an outlined quotation, please duly complete the Charterers Questionnaire which can be found here.