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The British European and Overseas Protection and Indemnity (BE&O P&I) is a fixed premium P&I insurance provider for small to medium size sea [and river] going vessels.BE&O P&I as a fixed premium P&I facility indemnifies ship-owners, operators and charterers for third party liability risks arising in connection with the use and operation of vessels. Third party liability risks include personal injury to crew and third parties, damage to cargo, damage to fixed and floating objects, environmental (oil and chemical) pollution, collisions and non-contact damage, stowaways repatriation, penalties and fines, war risks, etc.Fixed premium in essence means that our assureds will not be exposed to potential excess calls to meet current and future claims. Unlike International Group of P&I Clubs (IG P&I Clubs) BE&O P&I facility does not count on its members ability (or inability) to pay in order to raise additional funds when they are needed.BE&O P&I offers much more competitive premiums compared to the IG P&I Clubs. We provide tailor-made cover in order to meet specific demands of the risks involved in each particular trading area, voyage, and vessel. Our underwriters will ensure that the premium paid reflects the respective marine risks at no extra costs and overpayment.BE&O P&I provides P&I cover limits ranging from USD 1 million to a maximum of USD 1 Billion. The assured’s fleet might be subject to and may choose from different limits.BE&O P&I work around-the-clock to provide assureds with the best service in accordance with the highest industry standards. Our Marine Managers will ensure that all questions and requests are answered within the shortest time frame. No matter how small or big the issues, we are here for you.
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