Yacht Insurance

Insurance for loss or damage to yachts

This includes outboard motors, trailers, and any gear or equipment covered by named perils according to Institute Yacht Clauses.

Covering loss of or damage to your yacht/boat:

• Caused by fire, lightning, collision, stranding, sinking, stressful weather conditions, and contact with external objects.
• Caused by Latent defects in the hull and machinery.
• Caused by Negligence of any person or personnel.

Insurance for theft

Our coverage applies to the theft of the entire vessel or the theft of machinery, fittings or equipment following the forcible entry into the vessel or store

Insurance for damage in transit

This covers the loss or damage of a boat that is being transited by road on a trailer within the country.

Insurance for outboard motors that drop or fall overboard.

Insurance for salvage, sue, and labour charges.

Damages caused to third parties by the use of your boat.

Liability arising out of accident whilst other persons navigating your boat with your permission.

The accidental loss of life or injury to any person (other than employees) connected with the use of your boat, including embarking, disembarking or travelling.

Insurance for racing risks

If you choose to participate in a regatta or official race, this plan covers the replacement value of masts, spars, sails and riggings, up to an agreed upon limit, in the event of any accident.

Insurance against other uninsured boats

This is designed to give you financial protection regarding third-party bodily injuries suffered by passengers of your vessel if caused by an uninsured owner or operator of another vessel.

Insurance for personal accidents

This policy extends to both you and your spouse for accidental physical injuries, deaths, and disappearances that result from the use of the insured vessel. It also covers any medical costs arising from the given situations.

Extensions for machinery damage

This includes coverage for the loss or damage to motors and connections, and electrical equipment and batteries, caused by latent defects in hulls and machinery, the breakage of shafts, or the bursting of boilers, as well as heavy weather, and more.

Insurance for war and strike risks

This covers loss or damage to vessels caused by war, civil war, capture, seizure, mines, derelict weapons of war, strikes, lockdowns, confiscation, and more.

Insurance for water skiing

This coverage is designed for any legal liabilities to (or from) water-skiers for an adequate limit as per your requirement.

Insurance for personal effects

This covers your declared on-board personal effects against losses or damages caused by forcible or violent entries into the vessel.