TYPES OF YACHT INSURANCE POLICIES: WHICH IS RIGHT FOR YOU?

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TYPES OF YACHT INSURANCE POLICIES WHICH IS RIGHT
FOR YOU?
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• Yachts tend to be beautiful, elegant vessels that
  can provide people with a wonderful and classy
  way to enjoy the water. These vessels are
  appealing to the eye and tend to be larger than
  the average runabout. With larger vessels
  carrying more passengers, higher risks are
  inherent. This means that it is especially
  important for yacht owners to have proper yacht
  insurance policies for their specific exposures.
  Below are the two general classifications of
  yacht insurance policies as well as information
  on ancillary coverages.

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Yacht Insurance Policies

• A general yacht insurance policy will cover third
  party liabilities, physical damage, personal
  property, medical expenses, pollution liability,
  wreck removal, and emergency towing to name a
  few. These policies are written for different
  vessel types such as private pleasure/weekend
  cruisers, limited six pack charters, long-range
  cruisers, great loopers, and live boards.
  Additional options that can be tailored to fit
  individual needs are Paid Crew, Broad Navigation,
  Dinghy/Tenders, Fishing Equipment, and Hurricane
  Haul-out reimbursement.

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Luxury Yacht Insurance Policies

• Luxury yacht insurance policies encompass similar
  coverage as standard yacht insurance policies
  however, these likely warrant higher liability
  limits and more tailored ancillary coverages. We
  see vessels range from custom and semi-custom
  sportfishing yachts, trawlers, long-range
  cruisers, down east boats, sailboats,
  catamarans, yachts with full-time captain yachts
  that are owner-operated. Additional options that
  can be tailored to fit individual vessel needs
  are Paid Crew, Broad Navigation, Dinghy/Tenders,
  Fishing Equipment, Hurricane Haul-out
  reimbursement, Fine Arts and Fire Arms, Marine
  Environmental Damage, etc.

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• A high-quality luxury yacht insurance policy is
  essential to protect your luxury yacht from all
  of the hazards that are inherent on the high seas
  such as storms, collisions, unforeseen accidents,
  piracy, etc. Maritime Insurance International can
  help you find an ideal luxury yacht insurance
  policy fit for your individual needs.

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Request a Yacht Insurance Quote Today

• Whether you own a yacht, luxury yacht, or
  mega-yacht, excellent insurance coverage is a
  must to protect yourself financially. Maritime
  Insurance International can get you a yacht
  insurance quote within 24-48 hours and can help
  you find the best insurance options on the market.

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Contact US
For more Details Phone [phone]
Fax [phone] Email
info_at_ngiuae.com customerservice_at_ngiua
e.com  Website https//ngi.ae/ Of
fice Address National General Insurance Co.
(PJSC)PO Box 154,Levels Ground, 3, 5, 6, NGI
House,Port Saeed Street, Deira DubaiDubai
United Arab Emirates
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