1.1. Purpose of the Thesis 1
1.3. Insurance Definition 2
1.4. TTK Insurance Definition 2
2.1. Basic Information About Boat Insurance
2.1.1. Running Down Clause 5
2.1.3. Elements of general average 6
2.1.3.1. Joint Hazard Element 6
2.1.3.2. The Element of Sacrifice 6
2.1.3.3. The Willingness of Sacrifice 6
2.1.3.4. Useful Conclusion Element 7
2.1.8. Seaworthiness of the Boat 8
2.1.9. Classification Societies 10
2.2. Boat Insurance (H&M Hull And Machine) 11
2.3. Types of Policies in Marine Insurance 12
2.3.1. Expedition Policies 12
2.3.2. Duration Policies 13
2.3.4. Flotan (Temporary) Policies 13
2.3.5. Subion Policies 13
2.4. Risks Covered in Boat Insurances 13
2.4.3. Fire and Explosion 14
2.4.4. Conflict and Responsibility For Conflict 14
2.4.5. Pollution Hazard 15
2.4.6. Damages Caused by Seafarers to Third Parties 15
2.4.7. Other Collateralized Risks 16
2.5. Other Uncovered Risks in Boat Insurance 16
2.6. Risk Factors in Boat Insurance 16
2.6.2. Age of The Boat 18
2.6.3. Tonnage and Dimensions of the Boat 18
2.6.3.1. Gross Tonnage 18
2.6.3.2. Net Tonnage (Net Register Tonnage) 18
2.6.3.3. Dedveyt Tonnage (Deadweight Tonnage) 18
2.6.3.4. Displacement Tonnage 19
2.6.3.5. Empty Displacement (Light DisplacementLight Weight) 19
2.6.4. Guarantees to be Added in Boat Insurance 19
2.6.4.2. Kidnap and Ransom Insurance (K&R) 19
2.6.4.3. Rental Loss Insurance (LOH) 20
2.6.4.4. Renters Liability Insurance (Charterers Liability) 20
2.6.4.5. Increasing Value Insurances 20
2.6.4.6. Load Insurance 21
2.6.4.7. Cargo/Commodity Insurances 21
2.7. Risk Factors in Commodity Transport Insurance 22
2.7.1. Type of Cargo/Packaging and Stowage Conditions 22
2.7.1.2. Abrasive (Corrosive) Loads 23
2.7.1.4. Especially Those That are Fermented 23
2.7.1.6. Those That Gradually Melt on Their Own With the Humidity They Get From the Air 23
2.7.1.8.Those Who are Susceptible to Self–Inflammation 23
2.7.1.9. Those Who Sweat Easily 24
2.7.1.10. Perishable, Stinky and Rotting 24
2.7.2. Age of the Boat 25
2.7.3. Loadability of the Boat 25
2.7.4. Club Insurance (P&I) 26
2.7.4.1. Coverage of P&I Insurance 27
2.7.4.2. Risks Not Covered by the Coverage 28
2.7.4.3. Club's Responsibilities 28
2.7.4.4. Club Member Responsibilities 29
2.7.4.5. Pay First Rule 29
2.7.4.6. The role of P&I Clubs in OilFuel Leaks to the Sea 31
2.7.4.7. Factors Affecting the Insurance Premium in P&I Club Insurance 31
2.7.5. Turkish P&I Insurance 32
2.7.5.1. Liability Insurances Provided Under Turkish P&I Insurance 34
3. DETECTION AND PRICING OF RISKS
3.1. Risk Engineering and Pricing Models 37
3.2. Pricing Strategies 38
3.3. Insurance Premium 39
3.4. Exemption (Deductible) 40
3.4.1. Deductible Exemption 40
3.4.2. Integral Exemption (Franchise) 41
3.4.3. Additional Deductible 41
3.5. Pricing in Boat Insurance 41
3.5.1. Full Loss Premium Calculation 42
3.5.2 Partial Damage Premium Calculation 43
4. DAMAGE PROCESSES IN MARINE INSURANCES
4.2. Stage of Appraisal 46
4.3. Examining the Damage File 46
4.3.1. d Documents For Damage File 46
4.3.1.1. Transport Industry 47
4.3.2. Determination of Compensation 48
4.3.3. Partial Damages 49
4.3.3.1. Special Average (Particular Average) 49
4.3.3.2. General Average (General Average) 49
5. MARINE INSURANCES IN TURKEY
5.1. Water Vehicles Insurance 58
6. CONCLUSION ANDUATION 61