For Insurance Purposes Similar Objects. We’ll try to simplify the concept as much as we can and explain credentialing while focusing on some of its vital aspects. P&i insurance also covers the owner’s liability for loss of crew belongings in cases of shipwreck or fire on board.
A crew member travelling with unusually expensive items, such as laptop computers, gold watches etc should Replacement cost insurance is the alternative to actual cash value insurance, which is a coverage option that only pays for the actual cash value of your home and stuff. The information provided on this site has been created by simply insurance for general informational and educational purposes.