Marine Insurance Summary of Covers
The Vessel
- Insurance based on the "agreed value".
- Vessel includes sails, machinery, gear, equipment, including its boat(s)/tender, lifejackets, fixed and handheld navigational aids, furniture and fittings.
- Cover includes: Physical loss to the vessel, caused by accident, theft, deliberate damage not caused by you and vandalism, fire and/or explosion, acts of piracy.
The Trailer
- Physical loss of trailer or damage caused by theft, fire, explosion, lightning, earthquake, collision or accident whilst in use.
Third Party Cover
- Legal liability to another person arising out of your interest in, or use of, the Vessel.
Personal Accident Cover
- This will cover you for bodily injuries caused by an accident on board the Vessel including emergency medical expenses.
Alternative Accommodation
- Alternative accommodation expenses following loss or damage to the Vessel.
Optional Cover Available
- Extended cruising range
- High speed (in excess of 17 knots)
- Transit risks
- Personal effects
- Rig exclusion
- Machinery damage
- Marina benefits
- Chartering
- Protected no claims bonus
- Club racing
- Waterskiing