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.
Miller, who has been a Freedom member for five years, says that when he owned his boat, âyou tended to get to the end of the season and count the number of days you went out, and youâd shake your head. The club lets you be a casual boater, and at the end of the season, the economics are much more pocket-friendly.ââ.