Marine Insurance

Based on the south coast, Property Wealth Insurance is ideally positioned geographically to deal with this class of business.

It takes a great deal of resource and effort to maintain and run a yacht and you’ll only want to employ experts to do so. Similarly you should only work with experts when it comes to insuring your yacht. Property Wealth Insurance has the same passion for risk management as you will have for your yacht. As well as having close relationships with key insurers, we also possess the knowledge and understanding of the risks associated with using your yacht in different circumstances and locations around the world.

No matter what your taste in Ribs, boats and yachts may be, we will arrange a bespoke policy tailored to suit your requirements.

The following covers may be available:

Loss or Damage:

• To the vessel whilst in use or moored, laid up or whilst being transported
• Boat tenders and ancillary craft such as jets skis
• Contents including furniture, carpets, art etc.
• Personal effects including valuables for example jewellery
• Salvage and wreck removal (following an incident)

Liability:

• Full third party liabilities with tailored limits up to P&I club entries
• Employers' liability for example death/injury to a full time employee
• Crew liability for example death/injury to a hired crew
• Personal accident, medical expenses and repatriation:
  • Proposer and family members for example leisure users
  • Crew for example professionally contracted staff
• Territorial pollution liabilities

War Risks:

• Loss or damage due to war for example detainment/seizure of vessel

Uninsured Boaters:

• Damage to property/persons due to collision with unidentified or uninsured yacht
• Other benefits can be extended to include:
  
  
  • Racing cover
  • Charter cover
  • Get you home cover

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