Tuesday, December 15, 2015

Insurance boats part 3

nsurance companies and private individuals
Insurance boats
coverage of world-class
The insurance product
To meet the needs of our customers who own yachts, we have developed a special insurance program that includes insurance:



ship machinery and equipment for motor and sailing yachts;
civil liability (P & I) with a limit of $ 2 million dollars;
war risk, civil unrest, piracy, terrorism, etc .;
valuable furnishings and finishing yachts;
valuables and cash in the safe on board;
personal belongings of the owner, family members and guests on board;
Health Insurance team members and staff;
civil liability of the employer in respect of foreign personnel;
Risk yacht transport any kind of transport;
Insurance coverage of Major includes two sections:

Fear itself a boat or a yacht, including the body, engine, basic and optional equipment. Insurance is made on the case of loss or damage, as well as theft and embezzlement. In particular, it shall be reimbursed:
losses due to total loss of boats and yachts;
cost of removing the damaged hull, machinery, equipment, occurred for any reason other than to be excluded;
losses due to theft of the boat or yacht, the theft of their parts, machinery and equipment;
losses from illegal actions of third parties in respect of boats and yachts;
necessary and reasonable expenses for the salvage of boats and yachts;
necessary and reasonable expenses to prevent, reduce and determine the size of damages.
Covered liability of the boat or yacht for damage to his small boat:
the courts of third parties in a collision;
floating and fixed objects;
life and health of third parties.
Standard insurance coverage extends to the application of the insured during navigation (operate the boat or yacht on the water, night storage) and internavigational period (long-term storage vessel at a special parking in the garage).

Additionally possible to insure a boat or yacht for the period of transportation from the place of storage to the area of ​​operation.


Our experience shows that for yachts operating in foreign waters, a possible option could be insurance in a foreign insurance company that specializes in insuring yachts. In this case, the policy will be more recognized by any authorities and the authorities. In addition, reputable foreign insurance companies have an extensive network of correspondents, with which you can resolve any issues and get the highest level of service anywhere in the world. In addition, the cost of insurance in the major Western insurance companies with extensive statistics such risks, it may be advantageous offer Russian insurers. In any case, we will help you to choose the most cost-effective and convenient option of insurance of your yacht.

The cost of insurance
The cost of insurance, of course, specific to each ship. Indicative tariffs:

the annual insurance premium for comprehensive insurance from 0.5% to 3% of the value of the vessel.
the period of transport - 0.2% -1.0% of the price;
the risk of liability for the owner of the boat or yacht - from 0.1% to 1.5% of the established limit of liability.
For example, the cost of insuring a motor yacht Sunseeker Portofino 53, worth about $ 1 million. (Pictured above) and civil liability with a limit of $ 2 million., Placed in one of the marine syndicates Lloyds, cost our clients $ 10,000 for year-round use.

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