State and briefly explain five benefits for a shipownerIshipmanager of belonging to a P&I club....

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State and briefly explain five benefits for a shipownerIshipmanager of belonging to a P&I club. (Pls., less plagiarism)

Robert · Accepted Answer

Ans: 
In order to understand the benefits that a shipowner or ship manager who belongs to P & I  club ,you 
must know what is a P& I club. 
So, P & I is abbreviated as Protection and Indemnity club which is basically a non -governmental ,non -
profitable ,and a cooperative association which helps the marine traders or its members  such as those 
of shipowners or ship manager in the form of  a compensation to the losses which occurs during marine 
accident in terms of insurance.

State and briefly explain five benefits for a shipowner I shipmanager of belonging to a P&I club. (Pls., less plagiarism)

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