What does Protection and Indemnity insurance encompass in ocean marine policies?

Protection and Indemnity (P&I) insurance is a crucial component of ocean marine policies that specifically addresses liability issues faced by vessel operators. The main focus of P&I insurance is to cover the legal liabilities of shipowners and operators. This includes a wide range of risks but is particularly concerned with liability for crew injuries.

When a crew member suffers an injury while working on a ship, P&I insurance provides coverage for medical expenses, compensation claims, and legal costs that may arise from such incidents. This type of coverage is vital for maintaining the financial health of shipping enterprises and ensuring that they comply with obligations to their crew members.

The other options refer to different aspects of maritime insurance but do not accurately represent the primary focus of Protection and Indemnity insurance. For example, damage to equipment on board and insurance of ship repairs are typically covered under hull and machinery insurance, while protection against environmental damage could fall under other specialized environmental or pollution liability policies. Therefore, the primary role of P&I is specifically linked to the liabilities associated with injuries to crew members, making it the correct answer.