The Communique Amending the Tariff and Instruction Communique on Compulsory Liability Insurance of Marine Vehicles was published in the Official Newspaper today. According to the Communiqué, after the phrase “with ships” in the second paragraph of Article 1 of the Marine Vehicles Compulsory Liability Insurance Tariff and Instruction Communique, “Sea tourism vehicles within the scope of the fifth paragraph of the 29th article of the Tourism Promotion Law dated 12/3/1982 and numbered 2634;” was added and the third paragraph of the same article was repealed.
The following provisional article was added to the same communique, “Status of policies that are still due PROVISIONAL ARTICLE 1- (1) The insurance coverage amounts of sea tourism vehicles that still have third party liability insurance at the date of entry into force of this article should be brought into compliance with this Communique until 1/5/2022.”
In addition, article 9 of the communiqué states changed to, “The President of the Insurance and Private Pension Regulation and Supervision Agency executes the provisions of this Communiqué.”
The minimum guarantee amount is coming
Çidam Yıldırım from Kuzey Insurance, stating that, according to the law, sea tourism vehicles, private and commercial yachts belonging to real and legal persons, with seaworthiness certificate, for an excursion, sports, entertainment purposes in the service of sea tourism, cruise ships, excursion boats, floating hotels, floating restaurants, vehicles capable of moving above or underwater, and it is defined as other sea tourism vehicles. With this communique, she said that the financial liability insurance of sea tourism vehicles with a capacity of more than twelve in the seaworthiness certificate issued by the Ministry of Transport and Infrastructure will be arranged with the following minimum coverage amounts.