Insurance objects:

• Ships of different modifications and purposes: military ships, merchant ships, tugboats, icebreakers, industrial ferry boats and sports vessels;
• Cutters, yachts, water motorcycles;
• Other water transport.

Insurance coverage amount shall be determined based on one of the following conditions:

«With liability for total loss or damage»

In this case an insurance contract shall provide reimbursement of:

а) damages caused by total ship loss (actual or structural) or costs for recovery of ship hull, mechanisms, machines or equipment;

b) damages caused by ship missing;

c) damages, costs and fees associated with general average in a ship section;

d) necessary and reasonable costs for ship rescue;

e) necessary and reasonable costs for preventive measures, reduction and fixation of damage amount, if such damage is to be reimbursed under insurance conditions.

«With liability for total loss»

In this case an insurance contract shall provide reimbursement of:

а) damages caused by total ship loss (actual or structural);

b) damages caused by ship missing;

c) damages, costs and fees associated with general average in a ship section;

d)  necessary and reasonable costs for ship rescue;

e) necessary and reasonable costs for preventive measures, reduction and fixation of damage amount, if such damage is to be reimbursed under insurance conditions.

«With liability for damage»

In this case an insurance contract shall provide reimbursement of:

а)  costs for recovery of ship hull, mechanisms, machines or equipment;

b)  necessary and reasonable costs for preventive measures, reduction and fixation of damage amount, if such damage is to be reimbursed under insurance conditions.