Skip to Content

Boat Insurance

Boat Insurance

This policy has certain requirements that shall be evaluated by the customer. It is very important to consider them in order to decide which insurance policy satisfies better the policyholder needs.

  • When applying for insurance, or when making a claim, you must give us true information as far as you know.
  • You must maintain the boat in a seaworthy condition at all times, and safeguard it from loss or damage.
  • Those in charge of the boat with your authorisation must have satisfied you of their competence before your agreement.
The following restrictions apply to the policy:
  • We will not pay for the excesses shown in the schedule except in the event of a total loss (boat irretrievably lost or destroyed).
  • We will not cover loss or damage caused by war, invasion, conflict or terrorism. We will not cover either loss or damage caused by any chemical, biological, bio-chemical or electromagnetic weapon, radioactivity, nuclear fuel, nuclear waste or nuclear equipment.
  • Damages caused by malicious computer codes and the failure of a computer software to recognise a true calendar date are excluded.
  • We do not cover loss or damage or any liabilities occurring outside the period of insurance or when the vessel is operating outside the agreed navigational limits.
  • Liabilities and loss or damage arising from hire, charter, reward or any other commercial activity are excluded.
  • We do not pay for loss or damage or any liabilities occurred whilst the boat is being navigated at sea single-handedly for a period beyond 24 hours.
  • Loss or damage, or any liabilities arising as a result of bad maintenance of the boat are excluded.
  • We do not cover loss or damage caused by infiltrations, pollution or contamination, unless directly produced by an unexpected, recognisable, accidental incident happening completely at a precise time and place.
  • We do not pay for loss or damage or liability resulting from your trickery or caused by your malicious act, or that of any one using the vessel with your consent. We do not cover either loss or damage or liability whilst the boat is being used for illegal purposes.
  • Loss or damage or liability whilst the boat is permanently used as a houseboat are excluded.
Back to top