PJSC “Crimean insurance company” provides the insurance of Assured’s property, goods and cargoes taken for transportation under the provision of any contract of carriage: by road, train, sea, air.

Insurance protection:

1. With liability for all the risks, this includes General average case:

• damage, loss of the whole or part of the cargo;

• accident caused by any reason and expenses and charges attributed to the accident;

• all the necessary and reasonably incurred costs associated with cargo rescue, reducing and establishing the extent of losses, if the damage is compensated on insurance terms:

2. With liability for Particular average, this includes following cases:

• loss and damages, (particular or whole) of the cargo caused by the fire, lightning, storm, wreck or collision with an other vessels, fixed and floating objects, contact with aircrafts, stranding, grounding and other peril of seas, as well as measures taken for rescue vessel and cargo;

• cargo damage and loss as a result of loss and damage the vessel or vehicle transported the cargo;

• loss and damage of cargo as a result of an accident occurred during loading-discharging operation with cargo insured, parking or fueling;

3. General average expenses and charges;

• all the necessary and reasonably incurred costs associated with cargo rescue, reducing and establishing the extent of losses, if the damage is compensated on insurance terms:

4. Without liability for Particular average, this includes following cases:

• loss and damages, (particular or whole) of the cargo caused by the fire, lightning, storm, wreck or collision with an other vessels, fixed and floating objects, contact with aircrafts, stranding, grounding and other peril of seas, as well as measures taken for rescue vessel and cargo;

• cargo damage and loss as a result of loss and damage the vessel or vehicle transported the cargo;

• loss and damage of cargo as a result of an accident occurred during loading-discharging operation with cargo insured, parking or fueling;

The insurance period includes the complete period of transportation from one warehouse to the other:

• Starts from the moment of cargo acceptance from the warehouse at starting , continues during the whole transportation (including transshipment, shifting and intermediate warehousing at transshipment areas), and ends at the moment of cargo delivery to the consignees warehouse or any other final destination point, as indicated in the insurance policy;

Factors affecting the insurance premium rate:

• Insurance terms;

• Cargo classification;

• Cargo packing;

• Transportation route;

• Transportation vehicle;

• Availability of cargo security guard;

Insurance terms:

• The agreement can be concluded for a single or long term transportation insurance;

• Insurance agreement amounts are assigned in rubles or foreign currency. Insurance indemnity is paid in the currency of the insurance premium;

• The period of consideration and indemnification the claim doesn’t exceed 30 days on obtainment documentation requested by the insurance company;

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