The largest volume of international trade is transported by sea. FlexCare works with leading specialist insurance companies abroad in the field of ship insurance, in order to provide shipping companies with comprehensive insurance coverage in the field of ship insurance, shipowner and crew liability by designing specialized contracts.
What is covered:
1. Vessel and engine room insurance: Damage due to the dangers of the sea, rivers, lakes or other navigable waters, piracy, fire, accidents during loading or unloading, theft, malicious actions, movement of fuel or equipment, etc. .K.
2. Crew insurance: It is group insurance for the ship's crew which covers the Liability of the Shipowner towards the employees. These coverages usually cover expenses for hospitalization, medical care and treatment for illness or accident, transport of the insured due to an accident or illness to his place of residence, insurance for loss of life, partial or total disability and crew replacement costs.
3. Piracy insurance: Piracy incidents lead to large financial losses for ship-owning companies. An insurance policy covers the management of these incidents, the demand for ransom as well as the procedures required for the release of crew members.