When an accident occurs to crew belonging to insured ship, ship owner's liabilities
under section 94 to 102 of the Seafarers Act and special clause shall be compensated
in accordance with terms and conditions of contract.
Eligibility
Ships owned, managed and chartered by contracted members or government.
Terms and conditions
Covers ship owner's liability according to Section 94 to 102 of the Seafarers Act
Terms and conditions : Sort of liability , Coverage , Medical treatment , Shut-down benefits, Disability benefits, Compensation for the bereaved, Funeral expense , Compensation for missing, Loss of property 표입니다
Sort of liability |
Coverage |
Medical treatment |
- Medical expenses, use of medication or braces
|
Shut-down benefits |
- The first four months: 100% of the normal wage
- Until healing: 70% of normal wages
|
Disability benefits |
- Average wage on board for 55 to 1,474 days(class 1 to 14)
|
Compensation for the bereaved |
- Accident due to official work : Average wage on board for 1,300 days
- Unrelated with job : Average wage on board for 1,000 days
|
Funeral expense |
- Average wage on board for 120 days
|
Compensation for missing |
- Normal wage for 1 month and average wage on board for 3 months
|
Loss of property |
- The value of belongings within the range for 2 months of the normal wage
|
Additional Coverage by Special Clauses
- Expansion as Worker's Compensation(W/C)
- Employer’s Liability (E/L)
- Special expense for crew(including expenses for abandonment aid)
- Customary Expenses
- Liability for Third-party
- Liability for The rest personnel on board
- Liability for Overseas Employment
- Liability for Maritime Workers
Rate caculations
Rates set by authorized corporations or net rates set by chairman.
- Discount system :
- A variety of benefits with rate discount might provided due to
the type of vessel, plural contracts, no-claim, fleet, lump-sum payment, etc.
Please contact your nearest headquarters and branch offices for purchasing or claiming.