Insured events are the cargo loss, shortage and/ or damage (injury) as a result of any accidental and likely events.

Insurance contract may be entered into under the following conditions:

1. “А” — “with liability for all risks”
   Insurance contract executed under “A” conditions (“with liability for all risks”) involves the indemnity against:

    

   • any and all loss of damage or loss of all or part of the goods occurred for any reason,
   • costs and losses arising from general average. According to these Regulations, the general average refers to losses incurred as a result of deliberate intelligent action in extreme conditions taken to rescue vehicles, freight, cargoes from the common danger. Losses of general average are distributed among all the participants of consignment (owners of the vehicle, cargo, freight).
   • all necessary and reasonable expenses (confirmed by relevant documents) incurred to rescue cargo and reduce loss.
2. “В” — “with liability for particular average”
   According to the insurance contract executed under “B” conditions (“with liability for particular average”), all losses shall be indemnified arising from damage or loss of all or part of goods due to:

    

   • fire or explosion;
   • shipwreck, stranding, overturning a sea or river vessel;
   • overturning or derailing vehicle during the ground transportation;―-
   • vessel or other vehicle collision or contact with other object, excluding water;
   • cargo unloading at the port-refuge;
   • expenses, losses resulting from particular average;
   • earthquake, volcanic eruption or lightning;
   • washing overboard;
   • sea, lake or river water leakage into a vehicle, cargo container or storage;
   • total loss of goods or their parts as a result of falling overboard in loading or unloading.

   Also, all necessary and reasonable expenses (confirmed by relevant documents) incurred to rescue cargo and reduce loss shall be indemnified.

3. “С” — “without responsibility for damage unless the crash”
   According to the insurance contract executed under “C” conditions (“without liability for damage, unless the crash”), losses shall be indemnified arising from damage or loss of all or part of goods caused by the crash that occurred as a result of:

    

   • shipwreck, stranding, overturning a sea or river vessel;
   • overturning or derailing vehicle during the ground transportation;
   • vessel or other vehicle collision or contact with other object, excluding water.

   Also, all necessary and reasonable expenses (confirmed by relevant documents) incurred to rescue cargo and reduce loss shall be indemnified.