Tanker Oil Pollution Insurance: The Importance of Protection and Indemnity Application in Indonesia

DOI

10.2991/icglow-19.2019.80How to use a DOI?

Keywords

Insurance, Oil Pollution, Tankers, Protection and Indemnity

Abstract

Marine insurance is needed in tanker oil pollution as an application of the principle of strict liability. Protection and Indemnity (P and I) as an insurance specifically for tanker oil pollution claims has its own special features different from insurance in general. This insurance (legal liability insurance) that is mutual in nature (mutual benefit reciprocal) is based on the presence of shared interest from its members and their respective risks in overcoming the dangers that arise with the capital raised by the members in the spirit of mutual benefit for its members.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - E. Kristiani Purwendah
AU  - L. Yanti Sulistiawati
AU  - Marsudi Triatmodjo
PY  - 2019/10
DA  - 2019/10
TI  - Tanker Oil Pollution Insurance: The Importance of Protection and Indemnity Application in Indonesia
BT  - Proceedings of the 3rd International Conference on Globalization of Law and Local Wisdom (ICGLOW 2019)
PB  - Atlantis Press
SP  - 327
EP  - 331
SN  - 2352-5398
UR  - https://doi.org/10.2991/icglow-19.2019.80
DO  - 10.2991/icglow-19.2019.80
ID  - Purwendah2019/10
ER  -