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.
Typically, victims drown even though there are enough life jackets on the boat. (Remember, you probably won't have time to put on your life jacket during an emergency. Get in the habit of wearing it.) The vessel is most often a small boat of open design, such as a jon boat, canoe, or other type of boat with low sides. The victims are usually men 26 to 50 years old, who have been boating for years and likely know how to swim.