A standard aquaculture insurance policy would provide cover for following risks:
- Pollution incidents
- Theft
- Storm damage
- Freezing, supercooling, ice damage, frost damage, frazil ice
- Electrical breakdown
- Deoxygenation due to competing biological activity
- Any other sudden change in concentration of the normal chemical constituents of water including change in pH or salinity
- Disease
- Predator attack
Affinity applications in insurance not only enhance customer service but also offer several advantages to companies:
In conclusion, affinity applications in insurance are a means of providing better service to customers and attracting new ones for businesses. These programs reflect industry advancements by focusing on specially designed insurance products and customer needs.
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