The object of insurance is the property interests of the Insured (Insured) related to the possession, use and disposal of cargo (goods, baggage or other goods), as well as the risk of loss (death) or damage during transportation, regardless of the method of transportation.

Insurance risks:

1. All-risk responsibility:

• damage or total loss of the whole or part of the cargo 
• «gross average».

2. Partial loss responsibility:

• damage or total loss of the whole or part of the cargo due to fire, lightning, storm, whirlwind, earthquake, flood, volcano eruption, or other acts of God, crash or collision of vessels, aircrafts, and other means of transport between each other, or their hit against stationary or floating objects, taking the ground, collapse of bridges, damage caused to a vessel by ice, wetting with overboard water, and also due to measures taken to salvage or extinguish fire;
• missing of a means of transport together with the cargo; 
• damage or total loss of the whole or part of the cargo during loading, laying, unloading and during fuelling up;
• «total loss»

3. No responsibility for damages, except cases of crash (total loss)

• total loss of all or part of the cargo due to fire, lightning, storm, whirlwind, earthquake, flood, volcano eruption, or other acts of God, crash or collision of vessels, aircrafts, and other means of transport between each other, or their hit against stationary or floating objects, taking the ground, collapse of bridges, damage caused to a vessel by ice, wetting with overboard water, and also due to measures taken to salvage or extinguish fire;
• missing of a means of transport together with the cargo;
• damage or total loss of the whole or part of the cargo during loading, laying, unloading and during fuelling up.