MUTUAL VERSUS FIXED PREMIUM

NNPC’s service programme for members

The NNPC Service Plan
NNPC Mutual
NNPC Fixed
Cover
NNPC Mutual offers full IGA cover, whereas NNPC Fixed Premium is a commercial cover.
IGA LIMITS
Up to USD
500m or as
per policy
International network
Whenever you need help, NNPC correspondents, lawyers and experts are available anywhere in the world.
Information & Alerts
NNPC informs you continuously about important developments and the latest news via email, website and the NNPC app
Information & workshops on prevention
NNPC offers regular information and advice on risk prevention in its publications and workshops.
Arrangement of bank and club guarantees
In case of a threat of arrest, NNPC can offer a bank or club guarantee.
Legal assistance
NNPC offers assistance with legal disputes relating to an insured ship.
Worldwide cover K&R
Kidnap & Ransom insurance with a worldwide cover with the exception of excluded areas.
Pre-entry survey
Before the start of the insurance, NNPC will carry out a free inspection of the relevant ship(s).
Risk check
On request, NNPC will occasionally check your operational risks and identify whether the level of cover is adequate.
Bonus & discount
You will receive a bonus for sailing without damage and costs, and a discount when your ship is laid up.
Inspection of ships
NNPC offers a free periodic inspection of ships.
Pre-loading survey
NNPC offers pre-loading surveys and will pay 50% of the costs.
Heavy cargo survey
NNPC carries out heavy cargo surveys and offers this without extra costs.
External costs
Survey costs and legal costs are covered.