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Yacht Insurance in UAE
If you are operating boats, yachts, or any other seacraft for pleasure, or own one for your personal use, use should buy Yacht Insurance. The sea is full of perils. You and your crew are constantly in danger. Yachts are expensive and if it’s lost in the sea, you or your organization are bound to suffer financially.
When you buy Yacht Insurance, the financial burden due to the loss of the vessel and your liability to third parties will be on the insurer. We help yacht owners to buy the right type of insurance that gives the best value for money.
- Perils of the seas, rivers, lakes or other navigable waters.
- Fire, Jettison and Piracy.
- Contact with Dock or Harbors, Land Conveyance.
- Explosions
- Malicious acts
- Theft of the entire Vessel or her boat(s) or Outboard Motor(s)
- Latent defects in Hull or Machinery
- Loss or damage to any other vessel or property
- Loss of Life, Personal injury or illness
- Removal or destruction of a wreck
- Outboard motor dropping off or falling overboard
- Person affected
- Liability to or incurred by any person engaged in water skiing or aqua planning
- War and strikes risks
- Machinery damage
- Inland transit risks
- Personal Accident cover
- Medical expenses cover
- Cruising limits
- Trailer
- Fire and safety equipment
- Age of the captain
- Construction
- Navigation (cruising limits)
- Purpose of usage [private or commercial]
- Passenger capacity
- Previous loss history etc
Coverage of Yacht & Boat Insurance
All people at stake in the yacht or boat can be covered. The following losses are frequent in yacht and boat operations either for commercial use or for pleasure.
- Damage to the yacht or boat due to perils of the sea
- Death or injury to the occupants of the yacht or boat
- Medical treatment for crew and passengers for injuries
- Loss or damage to personal devices, cash, jewelry
- Third-party coverage plus add-on
Comprehensive Coverage, Top Features
- Under comprehensive coverage, your guest will also be compensated for damages and injuries even if there is a collision with another boat operated by an uninsured or unknown person in the sea.
- Sailing on a yacht is an adventure and a thrilling sport. Accidents can happen anytime and may result in bodily injuries. In the event of an accident, you will be eligible for financial compensation for search and rescue expenses.
- Yacht and boat insurance is renewed every year and if you haven't claimed a reimbursement in the previous years, you are eligible for a premium payable rebate.
Special Yacht and Boat Coverage
- If you buy special coverage, you will be compensated for losses and damages sustained by intruders forcibly entering the boat and causing damage. Compensation also includes cash carried with you at the time of the event.
- Traveling inside the boat is risky. Accidents can happen due to slippage and falling, accidents due to fire and electrical short circuits, and kitchen-related happenings. They are called personal accidents and can be covered with additional premium payments.
- If you are a motorboat sportsperson, you know the risks that come with it. These risks can also be covered with additions to the standard boat insurance to give you more confidence. You can also include your spouse and children to make a financial claim for an accident.
Choosing the Right Plan and Saving Money
Don't be overwhelmed by the vast options in yacht and boat insurance. By comparing the various features and risk coverage, you should be able to decide on the best. Our experts are there to help and guide you in the selection process to give you the most benefits at a lesser price.
Claims Management Support
Simplified claims processing is the hallmark of all our Yacht and Boat Insurance policies. If you have to make a claim, our advisors will help you to prepare and submit the documents. This will assist you with getting reimbursement on time. Our insurance advisors are trained to make a proper claim. We will stay with you till all claims are processed and the claim amount has been transferred to you.
Coverage of Yacht & Boat Insurance
All people at stake in the yacht or boat can be covered. The following losses are frequent in yacht and boat operations either for commercial use or for pleasure.
- Damage to the yacht or boat due to perils of the sea
- Death or injury to the occupants of the yacht or boat
- Medical treatment for crew and passengers for injuries
- Loss or damage to personal devices, cash, jewelry
- Third-party coverage plus add-on
Comprehensive Coverage, Top Features
- Under comprehensive coverage, your guest will also be compensated for damages and injuries even if there is a collision with another boat operated by an uninsured or unknown person in the sea.
- Sailing on a yacht is an adventure and a thrilling sport. Accidents can happen anytime and may result in bodily injuries. In the event of an accident, you will be eligible for financial compensation for search and rescue expenses.
- Yacht and boat insurance is renewed every year and if you haven't claimed a reimbursement in the previous years, you are eligible for a premium payable rebate.
Special Yacht and Boat Coverage
- If you buy special coverage, you will be compensated for losses and damages sustained by intruders forcibly entering the boat and causing damage. Compensation also includes cash carried with you at the time of the event.
- Traveling inside the boat is risky. Accidents can happen due to slippage and falling, accidents due to fire and electrical short circuits, and kitchen-related happenings. They are called personal accidents and can be covered with additional premium payments.
- If you are a motorboat sportsperson, you know the risks that come with it. These risks can also be covered with additions to the standard boat insurance to give you more confidence. You can also include your spouse and children to make a financial claim for an accident.
Choosing the Right Plan and Saving Money
Don't be overwhelmed by the vast options in yacht and boat insurance. By comparing the various features and risk coverage, you should be able to decide on the best. Our experts are there to help and guide you in the selection process to give you the most benefits at a lesser price.
Claims Management Support
Simplified claims processing is the hallmark of all our Yacht and Boat Insurance policies. If you have to make a claim, our advisors will help you to prepare and submit the documents. This will assist you with getting reimbursement on time. Our insurance advisors are trained to make a proper claim. We will stay with you till all claims are processed and the claim amount has been transferred to you.
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