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OCEAN MARINE PROTECTION AND INDEMNITY APPLICATION Section I Producing Agent I Broker Name of Agent: Is this a new account to the agent: YES NO If no, how many years has account been held: Section
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Protection and indemnity (P&I) application is a legal form used by individuals or organizations to apply for insurance coverage that protects against liabilities and indemnifies against certain risks and losses in maritime activities.
Any individual or organization involved in maritime activities, such as ship owners, operators, charterers, or cargo owners, may be required to file a protection and indemnity application.
To fill out a protection and indemnity application, you typically need to provide information about the vessel or property to be insured, previous claims history, intended coverage period, and other relevant details. The specific requirements may vary depending on the insurance provider.
The purpose of a protection and indemnity application is to apply for insurance coverage that protects against liabilities and offers indemnification for risks and losses associated with maritime activities. It helps ensure financial protection and risk management in the maritime industry.
The information required on a protection and indemnity application typically includes details about the vessel or property to be insured, previous claims history, intended coverage period, and other relevant data as specified by the insurance provider.
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