But parametric insurance principles are also applied to Agricultural crop insurance and other normal risks not of the nature of disaster, if the outcome of the risk is correlated to a parameter or an index of parameters.
Whether operating as an inner or outer tugboat captain, the job holds tremendous responsibility, including ensuring the safety of all on-board personnel, maintaining and repairing a vesselâs mechanical systems, navigating tight courses in inclement weather, and meeting strict landing schedules.
Tugboat captains earn attractive salaries. According to a 2013 story in the Hampton Roads Daily Press, tugboat captains earn between $400 and $800 per day. Captains whose licenses allow them to tug large vessels tend to earn the most. Tugboat captains usually work about 180 days per year.