protection and indemnity insurance

noun

: insurance for ship owners against loss due to legal liability arising from damage to cargo, injury to passengers and crew, and other legal liabilities not assumed under the regular forms of hull insurance

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Dictionary Entries Near protection and indemnity insurance

protectional

protection and indemnity insurance

protection forest

Cite this Entry

“Protection and indemnity insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/protection%20and%20indemnity%20insurance. Accessed 24 Jul. 2024.

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