Marine Cargo Insurance is vital for economies relying heavily in the import and export trade. Marine Cargo Insurance provides protection for transportation of theses goods via sea freight, air freight, rail or motor vehicle.

 

ThaiSri Insurance Public Company Limited offers Marine Cargo Insurance solutions. We offer affordable premium according to the type of product shipment

 

Please find a basic summary of the typical marine cargo insurance cover that is offered based on international standards

 

Risk Cover >CLAUSE A >CLAUSE B >CLAUSE C
Loss of or damage caused by :-
1. Fire, explosion Cover Cover Cover
2. Vessel or craft being stranded grounded sunk or capsized. Cover Cover Cover
3. Overturning or derailment of land conveyance. Cover Cover Cover
4. Collision or contact of vessel, craft or conveyance with any external object other than water. Cover Cover Cover
5. Discharge of cargo at a port of distress. Cover Cover Cover
6. General Average Sacrifice. Cover Cover Cover
7. Jettison Cover Cover Cover
8. Sue and Labour Charge. Cover Cover Cover
9. Expenses or forwarding charge for sending cargo to final destination. Cover Cover Cover
10. Earthquake, volcano eruption or lightning Cover Cover Not Cover
11. Washing over board. Cover Cover Not Cover
12. Total loss of any package lost overboard or dropped whilst loading on to, or unloading from, vessel or craft. Cover Cover Not Cover
13. Entry of sea lake or river water into vessel craft hold conveyance container liftvan or place of storage. Cover Cover Not Cover
14. Damage from rain water. Cover Not Cover Not Cover
15. Malicious Acts. Cover Not Cover Not Cover
16. Loss of or damage from pirates Cover Not Cover Not Cover
17. Theft or pilferage. Cover Not Cover Not Cover
18. All risks of loss of  damage by external causes such as broken, crack, tear, dent, chipping, rust etc. Cover Not Cover Not Cover

 

Unlike traditional insurance policies, a marine cargo insurance policy does not have a fixed start and end date for the coverage. Please refer to our terms and conditions for more details

  1. Delivery to the Consignees final warehouse as stated in the policy
  2. Delivery to any other warehouse or place of storage at the destination named in the policy as
  • Warehouse other than place in ordinary transit or
  • Place of distribution or
  • Over 60 days after discharge the cargo from ocean vessel or over 30 days after discharge the cargo from aircraft.

 

For more information, kindly please contact;

  • Thaisri Insurance Public Company Limited
  • Telephone no. 0 2878 7006 , Available Time :   8.30 am. – 17.00  pm.  (Except Holidays)

Inland Transit Cargo Insurance is one of insurance policy to cover goods in transit within Thailand Territory by all conveyances. Although transport in shorter than Marine Cargo Insurance but there are many risks during transportation

ThaiSri Insurance Public Company Limited eyes in this kind of risks and to offer insurance policy to cover which separated in two type of insurance covers.

All Risk Cover

  • To cover partial and total loss of or damage to the subject-matter insured caused by direct loss of or damage from All Risks such as breakage, torn, crack, contaminated with other cargo, dent, rust etc. Including special clauses for strikes. Also, General Average for all transportation by sea.
  • General average involving the Subject-Matter Insured including general average contribution and salvage charges payable by the Assured under customary practice or law, unless incurred from excluded causes.
  • Riots, strikes and lock outs.
  • To cover partial and total loss of or damage to the subject-matter insured caused by direct loss of or damage from All Risks such as breakage, torn, crack, contaminated with other cargo, dent, rust etc. Including special clauses for strikes. Also, General Average for all transportation by sea.
  • General average involving the Subject-Matter Insured including general average contribution and salvage charges payable by the Assured under customary practice or law, unless incurred from excluded causes.
  • Riots, strikes and lock outs.

 

There are typically two types of policies:

Specific Policy – The policy issued for a specified transit. The coverage under the policy will cease on completion of the transit contemplated

Open Policy – This is a policy intended to cover Inland movement of consignments for specified period of time which is usually one year. This policy is suitable for insured with numerous transactions throughout the year.

 

For more information, kindly please contact;

  • Thaisri Insurance Public Company Limited
  • Telephone no. 0 2878 7006 , Available Time :   8.30 am. – 17.00  pm.  (Except Weekend and Official Holidays)

Carrier’s Liability Insurance is designed for transportation service providers to provide potential coverage of loss of, damage to or delay in delivery of goods carried by them which occur during this conveyance

ThaiSri Insurance Public Company Limited offers suitable Carrier’s Liability Insurance to transportation service providers

We offer different options of Carrier’s Liability Insurance which provides cover within Thailand territory as well as neighboring countries (subject to terms and conditions)

Please note some of the typical policy exclusions:

Loss of, or damage to, or delay in delivery of the goods carried by the carriers and logistics providers caused by

  1. Force majeure or inherent nature of the goods or the fault of the shipper or consignee
  2. Deficiency or error in documentation or instruction given by the consignor to the Insured concerning the goods.
  3. Leakage or normal wear and tear, or natural loss of weight or quantity of the goods.
  4. Insufficiency or unsuitability of packing, packaging or shipping container used for carriage whether undertaken by the Assured or his employees or agents or any other person with whom the Assured must be jointly liable.
  5. Malicious act of any person who is not the employee of the Assured to cause destruction or damage to the carrying conveyance or goods entrusted to the Assured for carriage.
  6. Delivery of goods to any person other than the consignee or person entitled to receive the goods, or delivery of goods to the wrong destination, or in the manner which does not conform to the law or customs of the trade regarding delivery of goods.
  7. Carriage by person or conveyance not stated in the Schedule and outside the scope of cover as provided in Chapter 2 Clause2.
  8. Carriage by conveyance stated in the Schedule which has been sold by the Assured regardless of whether or not change has been effected in registration, or whether there is written contract evidencing non-possession or disuse by the Assured.
  9. Driving or controlling of carrying conveyance by driver or controller who does not possess valid license as required by law.
  10. Deterioration or unfitness of carrying conveyance for safe carriage, or overloading or towing that exceeds the capacity of the carrying conveyance for safe carriage, or stowing in the manner that violates the rules for stowage, or towing in the manner that violates the rules for safe carriage, or without materials normally required to prevent damage to the goods under carriage.
  11. Driving or controlling of carrying conveyance by driver or controller who is under influence of addictive drugs or has alcohol in the blood over 50 percentage milligrams.
  12. Goods carried by the Assured are lost due to unknown cause and without indication of robbery or theft including robbery or theft committed by employee of the Assured.
  13. Theft occurring while the carrying conveyance is abandoned without being attended to and when the driver or controller of the said conveyance or the Assured is still capable of caring for it.
  14. The carriage of the following property, unless the shipper has notified the Assured in writing before the carriage, or the characteristics of the property have been recorded in the bill of lading or shipping documents of the Assured and the Assured has notified the Company in writing of the same before commencement of the carriage and the Company has agreed in writing to provide additional cover therefor:
  15. Silver bars, ornamental silver, gold bars, ornamental gold, precious metal, jewels or other valuable goods.
  16. Currencies, bank notes, bills, bonds, stamps, stamp duties, credit cards, top-up cards, stocks certificates, share certificates, debenture certificates or goods warrants.
  17. Art objects, each worth more than Bht. 20,000 or antiques.
  18. Illegal goods, such as narcotics.
  19. Dangerous property, dangerous goods, explosives, guns and ammunitions including weapons of war.
  20. Property of the Assured or of which the Assured is a joint owner.

 

Loss of or damage or delay caused by:

  1. War, whether declared or not, civil war, mutiny, rebellion, revolution, coup d’etat, declaration of martial law and exercise of power by the state under the law granting such power.
  2. Seizure, attachment, detention or destruction of property by officials, governmental organizations or agencies.
  3. Radiation, contamination by radioactivity from any nuclear fuel or from nuclear wastes caused by combustion of nuclear fuel, fission or explosion of radioactivity or nuclear components or any hazardous property which may explode in the nuclear process.
  4. Loss, or damage, or delay in delivery which occurred while the Assured is able to recover or entitled to receive indemnity under a policy or cover of any other insurance.
  5. All consequential losses arising from the loss of or damage to the goods carried by the Assured such as loss of market, interruption of business and production line, loss of use, etc.
  6. Loss of or damage to the goods while being stored at the place of storage of the Assured before commencement of carriage or at the place used by the Assured to separate or consolidate goods or to keep goods along the transit route whether or not the goods are discharged from the carrying conveyance.

 

For more information, kindly please contact;

  • Thaisri Insurance Public Company Limited
  • Telephone no. 0 2878 7006 , Available Time :   8.30 am. – 17.00  pm.  (Except Weekend and Official Holidays)

ThaiSri Insurance Public Company Limited are pleased to cover your pleasure craft in reasonable premium rate.

We can cover for all kinds of pleasure craft as motor pleasure crafts, yacht, speed boat or pleasure with sails including sails boat with motor such Catamarans. We can cover for private use boats and voyage charter which sails at sea. To cover your boat for all brand and model such as Azimuz, Princess, Ferretti, Hatteras, Bertram including small boats sail in river such as Riva, Searay, Sun Keeper, Honda or Yamaha. To cover for Thailand Territory and expand to neighbor countries.

Conditions of marine hull insurance in use as international. There are many conditions and exclusions but can declare in brief for easy understanding as follows:

Condition of marine hull insurance separated in 4 major section.

Section 1 : Hull

To cover hull, spar, sails, engine, equipment including furniture, fixture and fittings of the hull, communication equipment and other interests which are part of the hull.

  • To cover accidental damage during sailing of the hull.
  • To cover the anchored hull at place of mooring.
  • To cover hull during transportation for repair.
  • To cove hull during layup period.
  • To cover hull during refit of equipment.
  • During repair engine including general checking of the hull.
  • Caused by sea perils and river or other waterways, fire, lightning, explosion, earthquake, volcanic eruption, jettison, pirates, theft of the whole hull or only engine, malicious damage, aircraft or any objects drop therefrom, collision with other hull or port and port equipment.

Section 2 : Third Party Liability

To cover legal liability of the insure for bodily injury and property damage of third party including cost for salvage.

Section 3 : Personal Effects

To cover loss of or damage of personal effects of the insured or their family which stated details of property in the policy at the time to insure

Type of boats in exclusion

  1. Woodden boat which age over 15 year from year built.
  2. Boats made of iron, steel or any other materials which age over 30 years from year built.
  3. Racing boats such as formula boat, sail boat for racing purpose.
  4. Jet Ski unless insure with mother boat.
  5. Ferry, schedule passenger boats in commercial use.
  6. All kinds of fishing boats.

Also the insured can buy boat compulsory insurance. This type of insurance policy to cover passengers and crews for bodily injury, total disablement and death during on board the boats.

 

Subject to this type of insurance needs to do further underwriting process, for more information kindly please contact to Marine Department phone no. 0 2878 7006

As Jet Ski falls under exclusion of Marine Hull Insurance (Pleasure Craft) and Jet Ski is more popular in Thailand. ThaiSri Insurance has developed Jet Ski Insurance as special insurance policy

Jet Ski Insurance Policy covers all private Jet Ski which may use in river, canal or sea area.

Section 1. Insurance terms and conditions

  • To Cover Total Loss or Constructive Total Loss of Jet Ski, engine, fixtures including trailer for carrying Jet Ski caused by accident such as fire, overturning, collision with sea conveyances or land conveyances or any under water objects.
  •  Loading and unloading Jet Ski from trailer.
  • To collide with all land conveyances during trailed for transport.
  • Theft for the whole Jet Ski with violence means follows sum insured stated in the policy.

 

Section 2. Third Party Liability

 

Indemnity for any sum or sums which the Assured shall become legally liability to pay as compensation Bodily Injury and Property Damage and Removal of the wreck including legal costs with written consent has been obtained as limit of liability stated in the policy.

 

Section 3. Loss of Life, Loss of organs and eyesight Total permanent disability and medical expenses 

To cover losses or injuries to the insured person(s) caused by an accident meanwhile embarking, disembarking or onboard the vessel as limit of liability stated in the policy.

 

Warranty

  • The insured must keep Jet Ski in security place. To cover Jet Ski and engine in case of theft or robbery with forcible or violence entry to the insure premises of place to keep Jet Ski.
  • In case mooring that is temporary, the owner must regularly check weather reports and take all necessary measures to keep the Jet Ski under watch at anchorage.
  • The insured must take appropriate care for Jet Ski and keep it in SEAWORHTINESS conditions.
  • Jet Ski must be used not far from 12 nautical miles from offshore.
  • Drivers must well control Jet Ski or has knowledge as Marine Department requirement.

 

General Exclusion

  • Loss of or damage to property insured or bodily injury of driver caused by racing.
  • Pollution, property or bodily injury of third party caused by use of Jet Ski.
  • Malicious act of the Insured or their employees to cause destruction or damage to the Jet Ski.
  • Bodily injury or damage to third party during transportation by land and water conveyances or aircraft.
  • Contractual agreement.
  • Bodily injury of employee during overhaul or repair engine.
  • Illegal use unless the Insured can prove that they are not in use for such evidence.
  • Seizure, attachment, detention or destruction of property by officials, governmental organizations or agencies.
  • Property damage or bodily injury caused by Asbestos.

 

For more information, kindly please contact;

  • Thaisri Insurance Public Company Limited
  • Telephone no. 0 2878 7006 , Available Time :   8.30 am. – 17.00  pm.  (Except Weekend and Official Holidays)
Marine
Marine Cargo Insurance

Marine Cargo Insurance is vital for economies relying heavily in the import and export trade. Marine Cargo Insurance provides protection for transportation of theses goods via sea freight, air freight, rail or motor vehicle.

 

ThaiSri Insurance Public Company Limited offers Marine Cargo Insurance solutions. We offer affordable premium according to the type of product shipment

 

Please find a basic summary of the typical marine cargo insurance cover that is offered based on international standards

 

Risk Cover >CLAUSE A >CLAUSE B >CLAUSE C
Loss of or damage caused by :-
1. Fire, explosion Cover Cover Cover
2. Vessel or craft being stranded grounded sunk or capsized. Cover Cover Cover
3. Overturning or derailment of land conveyance. Cover Cover Cover
4. Collision or contact of vessel, craft or conveyance with any external object other than water. Cover Cover Cover
5. Discharge of cargo at a port of distress. Cover Cover Cover
6. General Average Sacrifice. Cover Cover Cover
7. Jettison Cover Cover Cover
8. Sue and Labour Charge. Cover Cover Cover
9. Expenses or forwarding charge for sending cargo to final destination. Cover Cover Cover
10. Earthquake, volcano eruption or lightning Cover Cover Not Cover
11. Washing over board. Cover Cover Not Cover
12. Total loss of any package lost overboard or dropped whilst loading on to, or unloading from, vessel or craft. Cover Cover Not Cover
13. Entry of sea lake or river water into vessel craft hold conveyance container liftvan or place of storage. Cover Cover Not Cover
14. Damage from rain water. Cover Not Cover Not Cover
15. Malicious Acts. Cover Not Cover Not Cover
16. Loss of or damage from pirates Cover Not Cover Not Cover
17. Theft or pilferage. Cover Not Cover Not Cover
18. All risks of loss of  damage by external causes such as broken, crack, tear, dent, chipping, rust etc. Cover Not Cover Not Cover

 

Unlike traditional insurance policies, a marine cargo insurance policy does not have a fixed start and end date for the coverage. Please refer to our terms and conditions for more details

  1. Delivery to the Consignees final warehouse as stated in the policy
  2. Delivery to any other warehouse or place of storage at the destination named in the policy as
  • Warehouse other than place in ordinary transit or
  • Place of distribution or
  • Over 60 days after discharge the cargo from ocean vessel or over 30 days after discharge the cargo from aircraft.

 

For more information, kindly please contact;

  • Thaisri Insurance Public Company Limited
  • Telephone no. 0 2878 7006 , Available Time :   8.30 am. – 17.00  pm.  (Except Holidays)
Inland Transit Cargo Insurance

Inland Transit Cargo Insurance is one of insurance policy to cover goods in transit within Thailand Territory by all conveyances. Although transport in shorter than Marine Cargo Insurance but there are many risks during transportation

ThaiSri Insurance Public Company Limited eyes in this kind of risks and to offer insurance policy to cover which separated in two type of insurance covers.

All Risk Cover

  • To cover partial and total loss of or damage to the subject-matter insured caused by direct loss of or damage from All Risks such as breakage, torn, crack, contaminated with other cargo, dent, rust etc. Including special clauses for strikes. Also, General Average for all transportation by sea.
  • General average involving the Subject-Matter Insured including general average contribution and salvage charges payable by the Assured under customary practice or law, unless incurred from excluded causes.
  • Riots, strikes and lock outs.
  • To cover partial and total loss of or damage to the subject-matter insured caused by direct loss of or damage from All Risks such as breakage, torn, crack, contaminated with other cargo, dent, rust etc. Including special clauses for strikes. Also, General Average for all transportation by sea.
  • General average involving the Subject-Matter Insured including general average contribution and salvage charges payable by the Assured under customary practice or law, unless incurred from excluded causes.
  • Riots, strikes and lock outs.

 

There are typically two types of policies:

Specific Policy – The policy issued for a specified transit. The coverage under the policy will cease on completion of the transit contemplated

Open Policy – This is a policy intended to cover Inland movement of consignments for specified period of time which is usually one year. This policy is suitable for insured with numerous transactions throughout the year.

 

For more information, kindly please contact;

  • Thaisri Insurance Public Company Limited
  • Telephone no. 0 2878 7006 , Available Time :   8.30 am. – 17.00  pm.  (Except Weekend and Official Holidays)
Carrier’s Liability Insurance

Carrier’s Liability Insurance is designed for transportation service providers to provide potential coverage of loss of, damage to or delay in delivery of goods carried by them which occur during this conveyance

ThaiSri Insurance Public Company Limited offers suitable Carrier’s Liability Insurance to transportation service providers

We offer different options of Carrier’s Liability Insurance which provides cover within Thailand territory as well as neighboring countries (subject to terms and conditions)

Please note some of the typical policy exclusions:

Loss of, or damage to, or delay in delivery of the goods carried by the carriers and logistics providers caused by

  1. Force majeure or inherent nature of the goods or the fault of the shipper or consignee
  2. Deficiency or error in documentation or instruction given by the consignor to the Insured concerning the goods.
  3. Leakage or normal wear and tear, or natural loss of weight or quantity of the goods.
  4. Insufficiency or unsuitability of packing, packaging or shipping container used for carriage whether undertaken by the Assured or his employees or agents or any other person with whom the Assured must be jointly liable.
  5. Malicious act of any person who is not the employee of the Assured to cause destruction or damage to the carrying conveyance or goods entrusted to the Assured for carriage.
  6. Delivery of goods to any person other than the consignee or person entitled to receive the goods, or delivery of goods to the wrong destination, or in the manner which does not conform to the law or customs of the trade regarding delivery of goods.
  7. Carriage by person or conveyance not stated in the Schedule and outside the scope of cover as provided in Chapter 2 Clause2.
  8. Carriage by conveyance stated in the Schedule which has been sold by the Assured regardless of whether or not change has been effected in registration, or whether there is written contract evidencing non-possession or disuse by the Assured.
  9. Driving or controlling of carrying conveyance by driver or controller who does not possess valid license as required by law.
  10. Deterioration or unfitness of carrying conveyance for safe carriage, or overloading or towing that exceeds the capacity of the carrying conveyance for safe carriage, or stowing in the manner that violates the rules for stowage, or towing in the manner that violates the rules for safe carriage, or without materials normally required to prevent damage to the goods under carriage.
  11. Driving or controlling of carrying conveyance by driver or controller who is under influence of addictive drugs or has alcohol in the blood over 50 percentage milligrams.
  12. Goods carried by the Assured are lost due to unknown cause and without indication of robbery or theft including robbery or theft committed by employee of the Assured.
  13. Theft occurring while the carrying conveyance is abandoned without being attended to and when the driver or controller of the said conveyance or the Assured is still capable of caring for it.
  14. The carriage of the following property, unless the shipper has notified the Assured in writing before the carriage, or the characteristics of the property have been recorded in the bill of lading or shipping documents of the Assured and the Assured has notified the Company in writing of the same before commencement of the carriage and the Company has agreed in writing to provide additional cover therefor:
  15. Silver bars, ornamental silver, gold bars, ornamental gold, precious metal, jewels or other valuable goods.
  16. Currencies, bank notes, bills, bonds, stamps, stamp duties, credit cards, top-up cards, stocks certificates, share certificates, debenture certificates or goods warrants.
  17. Art objects, each worth more than Bht. 20,000 or antiques.
  18. Illegal goods, such as narcotics.
  19. Dangerous property, dangerous goods, explosives, guns and ammunitions including weapons of war.
  20. Property of the Assured or of which the Assured is a joint owner.

 

Loss of or damage or delay caused by:

  1. War, whether declared or not, civil war, mutiny, rebellion, revolution, coup d’etat, declaration of martial law and exercise of power by the state under the law granting such power.
  2. Seizure, attachment, detention or destruction of property by officials, governmental organizations or agencies.
  3. Radiation, contamination by radioactivity from any nuclear fuel or from nuclear wastes caused by combustion of nuclear fuel, fission or explosion of radioactivity or nuclear components or any hazardous property which may explode in the nuclear process.
  4. Loss, or damage, or delay in delivery which occurred while the Assured is able to recover or entitled to receive indemnity under a policy or cover of any other insurance.
  5. All consequential losses arising from the loss of or damage to the goods carried by the Assured such as loss of market, interruption of business and production line, loss of use, etc.
  6. Loss of or damage to the goods while being stored at the place of storage of the Assured before commencement of carriage or at the place used by the Assured to separate or consolidate goods or to keep goods along the transit route whether or not the goods are discharged from the carrying conveyance.

 

For more information, kindly please contact;

  • Thaisri Insurance Public Company Limited
  • Telephone no. 0 2878 7006 , Available Time :   8.30 am. – 17.00  pm.  (Except Weekend and Official Holidays)
Marine Hull (Pleasure Craft) Insurance

ThaiSri Insurance Public Company Limited are pleased to cover your pleasure craft in reasonable premium rate.

We can cover for all kinds of pleasure craft as motor pleasure crafts, yacht, speed boat or pleasure with sails including sails boat with motor such Catamarans. We can cover for private use boats and voyage charter which sails at sea. To cover your boat for all brand and model such as Azimuz, Princess, Ferretti, Hatteras, Bertram including small boats sail in river such as Riva, Searay, Sun Keeper, Honda or Yamaha. To cover for Thailand Territory and expand to neighbor countries.

Conditions of marine hull insurance in use as international. There are many conditions and exclusions but can declare in brief for easy understanding as follows:

Condition of marine hull insurance separated in 4 major section.

Section 1 : Hull

To cover hull, spar, sails, engine, equipment including furniture, fixture and fittings of the hull, communication equipment and other interests which are part of the hull.

  • To cover accidental damage during sailing of the hull.
  • To cover the anchored hull at place of mooring.
  • To cover hull during transportation for repair.
  • To cove hull during layup period.
  • To cover hull during refit of equipment.
  • During repair engine including general checking of the hull.
  • Caused by sea perils and river or other waterways, fire, lightning, explosion, earthquake, volcanic eruption, jettison, pirates, theft of the whole hull or only engine, malicious damage, aircraft or any objects drop therefrom, collision with other hull or port and port equipment.

Section 2 : Third Party Liability

To cover legal liability of the insure for bodily injury and property damage of third party including cost for salvage.

Section 3 : Personal Effects

To cover loss of or damage of personal effects of the insured or their family which stated details of property in the policy at the time to insure

Type of boats in exclusion

  1. Woodden boat which age over 15 year from year built.
  2. Boats made of iron, steel or any other materials which age over 30 years from year built.
  3. Racing boats such as formula boat, sail boat for racing purpose.
  4. Jet Ski unless insure with mother boat.
  5. Ferry, schedule passenger boats in commercial use.
  6. All kinds of fishing boats.

Also the insured can buy boat compulsory insurance. This type of insurance policy to cover passengers and crews for bodily injury, total disablement and death during on board the boats.

 

Subject to this type of insurance needs to do further underwriting process, for more information kindly please contact to Marine Department phone no. 0 2878 7006

Jet Ski Insurance

As Jet Ski falls under exclusion of Marine Hull Insurance (Pleasure Craft) and Jet Ski is more popular in Thailand. ThaiSri Insurance has developed Jet Ski Insurance as special insurance policy

Jet Ski Insurance Policy covers all private Jet Ski which may use in river, canal or sea area.

Section 1. Insurance terms and conditions

  • To Cover Total Loss or Constructive Total Loss of Jet Ski, engine, fixtures including trailer for carrying Jet Ski caused by accident such as fire, overturning, collision with sea conveyances or land conveyances or any under water objects.
  •  Loading and unloading Jet Ski from trailer.
  • To collide with all land conveyances during trailed for transport.
  • Theft for the whole Jet Ski with violence means follows sum insured stated in the policy.

 

Section 2. Third Party Liability

 

Indemnity for any sum or sums which the Assured shall become legally liability to pay as compensation Bodily Injury and Property Damage and Removal of the wreck including legal costs with written consent has been obtained as limit of liability stated in the policy.

 

Section 3. Loss of Life, Loss of organs and eyesight Total permanent disability and medical expenses 

To cover losses or injuries to the insured person(s) caused by an accident meanwhile embarking, disembarking or onboard the vessel as limit of liability stated in the policy.

 

Warranty

  • The insured must keep Jet Ski in security place. To cover Jet Ski and engine in case of theft or robbery with forcible or violence entry to the insure premises of place to keep Jet Ski.
  • In case mooring that is temporary, the owner must regularly check weather reports and take all necessary measures to keep the Jet Ski under watch at anchorage.
  • The insured must take appropriate care for Jet Ski and keep it in SEAWORHTINESS conditions.
  • Jet Ski must be used not far from 12 nautical miles from offshore.
  • Drivers must well control Jet Ski or has knowledge as Marine Department requirement.

 

General Exclusion

  • Loss of or damage to property insured or bodily injury of driver caused by racing.
  • Pollution, property or bodily injury of third party caused by use of Jet Ski.
  • Malicious act of the Insured or their employees to cause destruction or damage to the Jet Ski.
  • Bodily injury or damage to third party during transportation by land and water conveyances or aircraft.
  • Contractual agreement.
  • Bodily injury of employee during overhaul or repair engine.
  • Illegal use unless the Insured can prove that they are not in use for such evidence.
  • Seizure, attachment, detention or destruction of property by officials, governmental organizations or agencies.
  • Property damage or bodily injury caused by Asbestos.

 

For more information, kindly please contact;

  • Thaisri Insurance Public Company Limited
  • Telephone no. 0 2878 7006 , Available Time :   8.30 am. – 17.00  pm.  (Except Weekend and Official Holidays)