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Insurance products / Space

Space Risks Insurance

VSK successfully operates in the field of space risks insurance staring with 1993. The insurance programmes developed by the experts of the Company foresee the insurance reimbursement (off-cover) with all the stages of development, manufacture and exploitation of space (space) engineering, life and health insurance of the cosmonauts and staff of land infrastructures, third parties legal liability during the performance of space activity. The Experience of the corporate experts makes possible the development of individual insurance programmes considering the peculiarities of specific task. Since 1995 VSK is a member of the Russian association of aviation and space insurers.

What may be insured

Components of rockets of space destination:
Launchers
Accelerating blocks of the rockets
Space apparatuses
Rocket engines
Components of land space infrastructure:
Launch complexes
Technical complexes
Devices and facilities of measuring complexes for cosmodromes
Devices and facilities of land automated computer-assisted space apparatuses control complex
Test boards for rocket and space engineering
Liability towards third parties resulting from Rocket and Space activity
Life and health of the team, operating the rocket and space engineering
Liability for the quality of works during the performance of space activity
Expenditure on providing launching services
Gain from the functioning of space systems and complexes

What issues may be covered by the insurance

Destruction or partial deterioration of Rocket and Space engineering during the development, manufacture, execution (testing), transportation, storage and launching preparation resulting from fire, explosion, stroke of lightning, involuntary erroneous actions of the personnel
Deprivation of property or materials, which were specially designed for the Rocket and Space engineering, resulting from third parties illegal activity
Destruction, deprivation of Space apparatus because of accident, fault or breakdown of the ascent system
Deprivation of Space apparatus because of partial or complete failure of designed orbital insertion
Constant or temporary failure of all or specific components and systems of the space apparatus with complete or partial loss of possibility to use them according to the direct purpose
Causing damage to life and health of the personnel or destruction (deterioration) of third parties property resulting from accidents of Rocket and Space engineering
Environmental pollution of the district during the use of rocket fuel toxic components
Causation of trespass to other Space apparatuses or third parties on Earth on the stage of the orbital flight and during the deorbit of the Space apparatus
Loss of planned income during the purpose use of the space systems and complexes
Cancel of launching and repeating the cycle of the preparatory operations
Deferment (cancel) of the launching date of the Rocket and Space engineering

What were the large-scale payout of  VSK

1997 Breakdown of 2 transponders of the «Express-12» space apparatus $82,6 thousand
1999 Complete end of the «Express-À1» space apparatus during launching $6,1 million
2000 Complete end of the «Strela-3» space apparatus during launching $50 thousand
2001 Complete end of the «Solnechny parus» space apparatus during launching $100 thousand
2002 Complete end of the jet propulsion - 191 during the performance of rocket firing testing $100 thousand
Complete end of the jet propulsion - 180 during the performance of rocket firing testing $90 thousand

They already cooperate with us

The Russian Federation Space troops
The RosAviaCosmos
Rocket-space Strategic Army
GCNPC named after M. V. Hrunichev
The Machine Building SPO
The Chemical Automation Construction Department (Voronezh city)
NIIEM Istra city
The «Enegya» RSC
SPO named after S. A. Lavochkin
The «Polet» SPO

How to conclude the contract

You may conclude the contract coming in touch with the Space Risks Insurance Centre of  VSK:

Phone +7 (495) 785-15-24, 727-44-44 switch to 50-77

Fax +7 (495) 623-08-42

Å-mail: Anatolii.Oginskii@vsk.ru

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Military Insurance Company
The Russian Federation Ministry of Finances License C ¹ 0621 77
phone: (495) 727-44-44, 785-27-76 fax: (495) 624-34-34; e-mail:  info@vsk.ru