Boat and Yacht Insurance
It ensures that boats and yachts are protected against risks they may encounter at sea, in the marina or during travel.
Boat InsuranceBoat insurance protects commercial or private boats against risks such as accidents, theft and fire that may occur at sea. Why Should You Have It Done? Your boat can be a major cost item due to the various risks it may encounter at sea. Boat insurance provides complete protection against these risks, allowing you to travel at sea in peace and helping you avoid potential major costs.
Yacht InsuranceYacht insurance is a special type of insurance that protects yachts against sea, weather or other risks. Why Should You Have It Done? For yacht owners, it is of great importance, both financially and morally, that their yachts are safe from all kinds of risks. With yacht insurance, you can have a peaceful and safe sea experience by protecting your yacht against all kinds of risks that may occur at sea, in the marina or during travel.
Liability Insurance: A type of insurance that covers damages that a boat or yacht may cause to third parties. This insurance covers material and bodily damages that may be caused to third parties as a result of marine accidents or other incidents. Why Should You Have It Done? In the event of possible accidents or damages, you may have legal and financial liabilities towards third parties. Liability insurance protects you in such situations, provides financial security and covers possible compensation claims.
With Boat and Machinery Insurance; all kinds of marine vehicles used in commercial cargo transportation.
(tanker, dry cargo ship, bulk carrier, sea bus, tugboat, floating crane, floating dock etc.)
are provided with insurance against risks they may encounter at sea.
Considering issues such as the construction year, classification society, flag and condition of the sea vessel.
Depending on the evaluation result, collateral may be provided.
Within the framework of the Turkish Boat Insurance General Conditions and the clauses and special conditions used; Special average,
general average, salvage, assistance, claim, total loss and collision liability and expenses
In addition to losses, coverage is provided for the following risks:
- Dangers of the sea, river, lake or other navigable waters
- Sinking, crashing, colliding, settling
- Storm, environmental events
- Contact with dock, port equipment and installations
- Fire, explosion (explosion)
- Theft by force by persons outside the ship
- Throwing mai into the sea
- Piracy
- Contact with land vehicles
- Earthquake, volcanic eruption or lightning
- Accidents occurring during loading, unloading or relocation of cargo or fuel
- Explosion of boilers, breakage of shafts or any hidden defect in the machinery or hull
- Negligence of the captain, ship officers, seamen or pilots
- Negligence of repairers or charterers, provided that they are not insured here
- Contact with aircraft, helicopters or similar objects or with objects falling from them
Apart from the above mentioned guarantees given by the policy, the risks insurance mentioned below are:
- subject to the right to give or not to give the guarantees - to pay additional premium if it accepts to give
It can be included in the scope of coverage with an additional contract, provided that;
- Expeditions to areas excluded in the policy,
- Limbo transactions (for the part exempted in the relevant clause provisions)
- Withdrawal and withdrawal transactions (for the part exempted in the relevant clause provisions)
In addition to the risks listed above, many additional guarantees are provided by the British Insurance Institute.
can be provided within the scope of the prepared clauses.
With this insurance; “Boat & Machinery Insurance” for boats used for commercial cargo transportation.
It covers risks such as “war, strike, riot, malicious acts, terrorism” which are excluded.
is being taken.
“Boat War & Strike Insurance” is not provided alone, but together with “Boat & Machinery Insurance”.
evaluation is being made.
A damage occurring within the scope of insurance coverage following the issuance of the “Boat & Machinery Insurance” for the boat.
It covers the rental/profit loss arising from the damage with the conditions and limits specified in the policy.
In addition, Drug Earnings/Loss of Rent coverage can also be provided.
This insurance is provided for newly built or extensively renovated boats.
type may be longer than one year (until the construction activity is completed).
The main risk groups covered by the guarantee are as follows;
- Risks before docking
- Risks during launching and manufacturing
- Launching risks
- Risks during delivery to the shipowner and sailing experiences
With this insurance, coverage is provided within the framework of the Turkish Boat Insurance General Conditions and the clauses and special conditions used.
- This insurance is provided in addition to the boat insurance policy and is provided by the ship owner.
Obligations regarding Hull Insurance or Hull War Strike Insurance
If he/she cannot benefit from insurance coverage due to non-fulfillment of his/her obligations,
The financial losses of the creditor who has a lien on the boat are secured to the extent of his/her interest. - In addition to the general insurance conditions, the parties have the right to agree on special conditions, provided that they are not contrary to law or morality.
- Liability Insurance for Marina and Boatyard Operators
- Port and Terminal Operators Liability Insurance
- Ship Repairers Liability Insurance
Marina and Slipway
Place Operators Liability Insurance
- During the operations to be carried out by the insured person acting as a marina operator at the relevant address. repair, renovation, maintenance, storage, slipway, mooring to buoys, beaching and launching Legal liability to third parties limited to risks that may arise from transactions.
- In addition to the general insurance conditions, the parties have the right to agree on special conditions, provided that they are not contrary to law or morality.
Port and Terminal Operators Liability Insurance
Damages related to the port operations carried out by the insured within the port area whose address is specified in the policy and for which the insured is legally responsible are covered within the framework of the special conditions specified in the policy and the General Conditions of <Third Party Liability Insurance>.
The main risks that constitute the scope of coverage are as follows;
- Ships and other vehicles in the port and their equipment and cargo
and loading other goods they carry and third party goods,
that may occur during unloading and docking and the insured's
Legal liability arising from port operating activities
damages found - As a trust for the insured due to the operational activities at the pier
that may occur to the third party goods left behind and the insured
damages for which he is legally liable. - Due to the sea vehicles left as a trust at the pier
which may occur in third party goods and the insured's legal obligations
damages for which it is liable. - Bodily injuries that may be caused by sea vehicles left in custody
and death state
In addition to the general insurance conditions, the parties are obliged to comply with the law and morality.
has the right to decide on special conditions, provided that they do not exist.
Ship Repairers Liability Insurance
This insurance is subject to the <<General Terms of Third Party Liability Insurance» clause and special conditions.
Coverage is provided under the conditions. This coverage is provided for the shipyard under the control of the insured.
Legal damages arising from the repair, maintenance and maintenance activities of vessels belonging to third parties in the field
guarantees its responsibilities.
The main risks covered are as follows;
- Ships and other vehicles in the port and their equipment and cargo
and loading other goods they carry and third party goods,
that may occur during unloading and docking and the insured's
Legal liability arising from port operating activities
damages found - As a trust for the insured due to the operational activities at the pier
that may occur to the third party goods left behind and the insured
damages for which he is legally liable. - Due to the sea vehicles left as a trust at the pier
which may occur in third party goods and the insured's legal obligations
damages for which it is liable. - Bodily injuries that may be caused by sea vehicles left in custody
and death state
In addition to the general insurance conditions, the parties are obliged to comply with the law and morality.
has the right to decide on special conditions, provided that they do not exist.
Fishing Boat Liability Insurance
The main risks covered are as follows;
- Crashes, fishing nets, floating or fixed object damages
- Seamen, passengers and others
- Expenses for deviation from route
- Penalties
- Case and count
- Pollution and environmental liabilities
- Quarantine expenses
- Stowaways, refugees and saving lives
- Towing responsibilities
- Debris removal
- Guarantees arising from contracts
- Piracy
- Against damages caused by uninsured or limited insurance coverage boats.
guarantees
P&I Insurance
P&I Insurance means Protection & Indemnity in English.
It is a term formed from the initials of the words compensation elimination. Insurance
It is one of the oldest members in its history. Boat / Ship equipping and
owners against third parties, the environment, their own personnel and
Even if there is a load he is carrying, he is responsible for the load.
is a type of insurance. Our P&I insurance product covers
The risks are listed below.
- Injury, illness, or damage to seafarers or third parties
death compensation and expenses - Seafarers' repatriation expenses
- Replacement costs for seafarers
- Loss and damage to seafarers' personal belongings
- Deviation and port expenses
- Fugitives and refugees
- Saving lives at sea
- Collision Responsibilities
- Damage to property on land and at sea / damage to fixed and floating objects
- Towing responsibilities
- Debris removal
- Quarantine expenses
- Liabilities arising from the transportation of the cargo (deficiency, damage, destruction)
- Ship's general average share
- Penalties
- Litigation and count costs
