Designed specifically for the needs of watercraft owners. The applicable limit is a maximum value of Vessel and Equipment of R250 000.
Cover :
- Comprehensive
– Own damage to your vessel
– Theft of your vessel
– Third Party Liability where you become legally liable for damage to other vessels, bodily injury or death of any person
Automatic Extensions of cover
- Credit Shortfall
- Sighting Expenses
- Emergency and Salvage Charges
- Transit risks
- Yacht racing risk
- Medical Expenses
- Use by other Persons
- Third Party Liability
First Amount Payable
- Basic First Amount Payable: R250
Other Compulsory First Amounts Payable will be indicated on the policy schedule.