Solution
Yacht P&I
The combination of a tailored product with our readily available assistance provides peace of mind, leaving you free to relax.
When spending time on your yacht you want to relax and enjoy peace of mind. Our tailored Yacht P&I cover provides exactly that: a combination of a truly tailored product with our readily available assistance; this shows that we understand the needs of the Yacht market.
Our Yacht P&I policy is suitable for Yacht owners meeting the requirements of the luxury superyacht market.
Cover is divided into the following main areas:
Costs and expenses arising from your legal liabilities to third parties caused by your Yacht, its Tenders, Toys, and caused by your Crew are covered. An example would be personal injury claims, collision or pollution.
As the owner of a Yacht you are considered to be responsible for the care and safety of the Crew that you hire. Medical costs, sick wages, the costs of repatriating an injured crew member, hiring a replacement as well as compensation costs arising from illness, permanent injury and death are covered. The cover can also be extended to include Pre-delivery Crew cover.
As the owner of a Yacht you are considered responsible for the care and safety of Guests you may have on board. Medical costs, the costs of repatriating an injured Guest as well as compensation costs arising from illness, permanent injury and death are covered.
Your liabilities to Crew, Guests or others caused by Tenders, Toys and water sports used in conjunction with your Yacht are covered. The cover can also be extended to include Submarines, mini-subs and remotely operated vehicles (ROVs).
Additional covers Cover such as Crew Personal Accident & Illness insurance, Defence cover for Legal Costs and War P&I are also available.
Do you need general Yacht coverage? Have a look at our Yacht product.
Client Service All our policies are designed to your bespoke needs by market leading underwriters and supported by a round-the-clock claims team. We also provide Loss Prevention Services to help in reviewing contracts, negotiating terms or migrating situations to help avoid potential claims.
