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.
Tug(noun) a pull with the utmost effort, as in the athletic contest called tug of war; a supreme effort. Tug(noun) a sort of vehicle, used for conveying timber and heavy articles. Tug(noun) a small, powerful steamboat used to tow vessels; -- called also steam tug, tugboat, and towboat. Tug(noun) a trace, or drawing strap, of a harness. Tug(noun) an iron hook of a hoisting tub, to which a tackle is affixed.