All types of various unforeseen events can occur in the course of water transport operation that may result in damage to or loss of water transport, which in turn can be a major setback on the financial status of the owner.

The objects of water transport insurance are all sea and river vessels, including small tonnage vessels (yachts, motor boats and jet boats). They can be insured against all risks associated with destruction, damage, theft or disappearance of the vehicle or of the internals thereof.

- Standard Risks

An insured event is the loss (destruction) of or damage to water transport resulting from the following events:

“With Liability for Loss of or Damage to a Vessel”

Damage to or destruction of the insured property resulting from collision of vessels, natural disasters, contacting sea ground or seabed of different structure, stranding; flooding, capsizing, unexpected accidental collision with another vessel or any fixed or floating object, including ice, collision with equipment and facilities at harbors, docks, piers or wharf walls, damage to the ship during cargo handling operations.

Insurance Rate
The insurance rate is determined depending on the type and purpose, year of construction of the water transport, sum insured, geography, etc.
Eurasia IC JSC is a member of the International Union of Marine Insurance (IUMI).

Third Party Liability of Water Transport Owners

Third party liability of water transport owners can be a reliable and effective tool to protect your business against unforeseen financial costs associated with causing harm to health and lives of passengers and their property, as well as the interests of the owners of the transported goods.

Object insured is the property interests of the policyholder related to their obligation under the civil law to compensate for any damage caused to life and health or property of the injured persons in the water transport operation.

Sum insured and insurance premium shall be established by mutual agreement of the parties.

- Standard Risks

Insured event is the fact of occurrence of civil liability of the policyholder (the insured) to compensate for damage caused to life, health and (or) property of persons affected as a result of water transport operation.

Insurance rates for facultative insurance classes published on this website may not apply to each and every insurance contract and are subject to change depending on the extent of risk and specific insurance terms. Publication of rates on this website does not constitute an offer.

Contact Us:

Contact Telephone Numbers:
+7 (727) 258-43-36 (for Almaty)
8 800 080 0099 (toll-free throughout Kazakhstan)

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Insured Event?

There was an accident and you have encountered a problem? Don’t you worry if you have an insurance policy with Eurasia IC JSC. We sympathize with you and are ready to give you our assistance and support.

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