Our Program offers both includes liability coverage for bodily injury or damage to the property of others and damage to personal property on the vessel.

Navigation:

• Worldwide Excluding War Zones as may be published periodically by Lloyds.
• Excluding named/numbered windstorm cover south of 37 degrees North Latitude and north of 12 degrees 40 minutes North Latitude.

Conditions:

• Hull & Machinery Limits: $300,000 - $ 5,000,000

• Third Party Liability: $3,000,000

• Medical: $30,000. Uninsured Boaters: $1,000,000

• Personal Effects: $50,000, Max $1,000 per item

• *Conditions are on an agreed value basis with no depreciation scale.

• *Wind options available, based on the risk criteria. Larger yachts to move away from approaching storms.

• *Form (s) – either Institute Yacht Clauses or American Yacht Form.

Exclusions:

• Houseboats • Liquor Liability • Racing • Vessels over 25 years old (unless otherwise agreed) Commercial fishing vessels • Dive Operations • Skipper charter with twelve or more passengers • Any assured with two fault claims in last five years (unless otherwise agreed) • Performance vessels over 60 knots • Cigarette Boats • Towing of Tender • Trimarans, Wooden Hulls • Bareboat Charters • Day Charters • Fishing Charters • Triple Screw Yachts • Loss of Charter Hire.

Survey:

• Full condition and valuation in water or out of water must be carried out by SAMS/NAMS affiliated surveyor unless otherwise agreed. Vessels under five years Do Not require a survey. Vessel over five years will require a survey every five years.

Program Benefits:

• Comprehensive coverage for both private owners and commercial marine business.
• Specialist Underwriting unit who offer flexible options that are competitively priced.
• Consistent and responsive service.
• Worldwide coverage options available upon request.

Security: Lloyd's

• A+ (Strong), Standard & Poor's
• AA- (Very Strong), Fitch Ratings
• A (Excellent), A.M. Best
• AA- Kroll Bond Rating Agency