professional indemnity (insurance).

An assault on a vessel, cargo, crew, or passengers at sea by marauders, who owe no allegiance to a recognised flag, acting for personal gain. It includes acts of rioters who attack a ship from the shore and passengers who mutiny. Piracy is insurable under the Institute War Clauses. The risk is a serious concern of the International Marine Bureau which has it own definition of piracy.

Age for a contracted out pension scheme member when, and if, it is advantageous to return to the state second pension.