If you use marine vessels for your business purposes, we do suggest you insure them in order to avoid considerable financial losses caused by potential damage to or loss of a marine vessel. We offer insurance coverage for all types of vessels. Based on individual assessment of the needs of each of our clients, our experts, who have many years of experience in marine insurance, will provide professional consultations and services and also prepare a quote on better terms and conditions to best meet your needs!
Marine Insurance is the key support for marine vessel owners in order to protect them against financial losses due to damage, destruction, or loss of the vessel as well as in case of partial losses. Marine Insurance covers the expenses associated with rescue operations and the costs of a general accident.
When obtaining a Marine Insurance policy, the client will enjoy the most appropriate insurance terms and conditions which are used world-wide. Marine Insurance is provided in accordance with the International Marine Risks Insurance Terms and Conditions (INSTITUTE TIME CLAUSES), which are accepted by banks and reinsurance companies and provide additional protection for the client.
We insure vessels which are used for commercial purposes, have a professional crew, and appear in the respective register (in Latvia, the Register maintained by the Maritime Administration of Latvia).
We offer insurance coverage for all types of vessels:
The Marine Insurance Policy can be purchased using one of the below options:
If you wish to receive additional information about the Marine Insurance or its purchase, please contact BTA Customer Support by calling 26 12 12 12 or using any other means of communication you find most convenient for you. For other communication options, please click “Contacts”.