Superyacht Cover

Yacht coverage

Covering the actual physical asset of the yacht, including hull and machinery, equipment and fixtures and fittings.

We pride ourselves on obtaining the best level of cover available within the market by crafting the placement to meet client's requirements, type of yacht and cruising area.

Typically cover will be provided on a comprehensive or 'All Risks' basis and will include:

Tenders, Toys and Equipment Extensions

Extensive coverage including Automatic Tender Attachment, Independent Tender Usage, Additional Tender Hire Expenses.

Personal Effects and Contents Extension

Automatic Coverage up to a specified limit per item on or off board, also extending to protect, Crew’s Personal Effects, Food and Drink and Cash onboard.

Yacht Extensions

Further enhancing the yacht coverage by including, Leased Equipment, Parts Removed and Non-emergency Towing.

Liability Coverage

Insuring the owner's legal liability against third parties, guests and crew.

As part of the combined package we will approach a number of markets and insurers in order to offer the most suited type of policy for the operation of the yacht.

In most cases if there are over four crew members, we would recommend a Protection & Indemnity Entry which will benefit from cover up to USD 500 million with a specialist marine liability insurer.

Crew and Guest Welfare

An important part of the running of a successful yacht is a comprehensive crew benefits package including personal accident, medical and salary protection.

Crew Personal Accident

A benefit or lump sum in the event the crew member is injured whilst employed by the yacht. Unlike the liability policy there does not need to be any fault attributed to the yacht.

Crew Welfare including Medical Expenses etc.

A vital coverage protecting the crew member for emergency medical treatment whilst away from their country of domicile, after an accident or illness. Also extended to include repatriation, air rescue, crew replacement expenses and travel cancellation and curtailment.

Guest Personal Accident

As with the crew benefits providing a lump sum to a guest onboard if injured, without the need for any fault by the yacht.

In addition, we can also extend cover to offer Crew Temporary Total Disablement (TTD) which indemnifies owners for a crew member's salary in case of absence after an accident or can be extended to include sickness.