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YACHT INSURANCE
Insurance cover providing assurance to yacht owners according to the London Institute Yacht Clauses (1.11.85) from the following perils:
Damage of loss caused from natural hazards to the vessel, the deck, engine and equipment, as a consequence from an insured peril whilst being in commission at sea or inland waters within the limits of navigation or whilst being laid up out of commissioning including lifting or hauling the boat.
A summary of the risks covered are fire, piracy, collision, explosion, malicious acts, theft, earthquake, lightning.
Furthermore, we offer cover for the legal liability of the yacht owner for compensation to third parties that may have experienced material damage or injury that may arise and is in relation to the yacht including:
Cost of Rescue
Legal costs
Hauling, removal or destruction of the wreck