Insurance object
The property interest relating to possession, use and disposal of small craft, boats and yachts (hereinafter - vessels) during the period of operation, winter lay-up, transportation by land and water transport, descending / ascending. The insurance contract includes the following elements:
Insurance risks
  1. losses resulting from a total shipwreck or costs incurred to repair damages of the hull, mechanisms, machines, equipment
  2. losses resulting from disappearance of the vessel
  3. losses, expenses and dues resulting from the general average on the vessel
  4. necessary and appropriate costs incurred for salvage of the vessel
  5. necessary and appropriate costs incurred to prevent/mitigate losses or determine their amount
  6. liability for removal of wrecks of the insured vessel
  7. liability for the environmental damage resulting from fuel spillage and (or) other technical fluids from the insured vessel
  8. liability for the damage caused by the insured object to life, health or property of third parties
  9. liability for collision of the insured vessel with third parties’ vessels
  10. liability for collision of the insured vessel with floating, fixed and other objects of third parties
The insurance contract includes the following elements:
  • vessels with the vehicles and equipment
  • hull
  • mechanisms
  • insured’s liability for the damage caused to life, health and property of third parties as the result of the vessel operation