Your Yacht insurance cover

Standard cover

Our standard cover is a full P&I liability cover including, but not limited to, the following main liabilities:

  • P&I cover with a USD 500,000,000 limit as standard with options of higher limits up to USD 1,000,000,000 limit available
  • Liabilities for injury, illness and death to crew, day workers or any third party, including guests, whether the yacht is used for private and pleasure, skipper charter or corporate entertainment purposes
  • Liability arising out of the physical loss of or damage to any vessel, fixed or movable property including 4/4ths collision, including pollution and wreck removal
  • Water sports liability including aerial/aquatic activities and recreational diving
  • Liabilities arising from an incident in connection with helicopters and drones
  • Liabilities arising out of the use of all tenders and toys when used in conjunction with the main yacht
  • Uninsured and underinsured boater cover
  • Contractual indemnities cover sub-limited to USD 5,000,000 unless otherwise agreed
  • Ability to include worldwide navigation limits

Our standard cover can include Defence (also known as Freight, Demurrage & Defence or FD&D):

  • Defence cover with a USD 250,000 limit as standard with up to USD 500,000 limit available
  • Provides the Assured with legal assistance for disputes directly connected with operation of the yacht (non P&I matters)
  • Professional advice on contracts connected with the operation of the yacht

Additional Product – Yacht Owner's Liability to Crew P&I Cover:

  • P&I limits up to GBP 10,000,000
  • Liabilities for injury, illness and death to crew, whether the yacht is used for private and pleasure, skipper charter or corporate entertainment purposes

Additional covers

Our coverage may be tailored to your needs, including:

  • Liabilities to and of pre-delivery crew
  • Liabilities arising while the yacht is participating in a race or is subject to the rules of a race
  • Liabilities of the yacht's submarines and submersibles
  • War P&I risks cover from either ground up or excess of hull value

Documentation

All requisite documentation is provided, including:

Documentation When do I need this? Do I need to provide any extra information?
Italian Liability Certificate When trading in Mediterranean waters Engine details (Model, Horsepower and serial numbers)

Tender details (serial numbers and outboard numbers) if required to be shown

Greek Liability Certificate When trading in Mediterranean waters No
Spanish Liability Certificate When trading in Mediterranean waters No
US COFR Guarantee Letters Vessels of 300 Gross Tons or more, using the navigable waters of the United States Confirm which COFR guarantee provider will be used
Wreck Removal Blue Card

Vessels 300 Gross Tons or more, flying the flag or in waters of a State party to the convention. Read more here.

Completed and signed application form (see below)
Bunker Blue Card Vessels of 1,000 Gross Tons or more flying the flag or in waters of a State party to the convention. Read more here. Completed and signed application form (see below)
Maritime Labour Convention (MLC) Certificates If your vessel is commercially registered and/or over 500 gross tons and/or flying the flag of a State party and/or if you are voluntarily complying with MLC regulations. Read more here.  Completed and signed application form (see below)

 

Find our Blue Card/MLC undertaking form here.