Recreational Marine Insurance covers you against all risks of Physical Loss or Damage to your Yacht and its Contents, Fine Arts and Personal Effects while on board your vessel.
You will be covered for damages an Insured Person is legally obligated to pay including bodily injury or property damage arising from the ownership, operation, maintenance or use of the Yacht and caused by a covered occurrence within the Navigational Limits. This coverage is subject to all Policy terms, conditions and exclusions.
FEATURES & BENEFITS
Owners of private pleasure boats excluding high performance boats, racing sailboats.
Medical payment coverage pays for all reasonable medical, ambulance, hospital professional nursing and funeral costs that result from an accidental injury (excluding employees and crew).
Recreational Marine policies are short-term products and are underwritten by AIG South Africa Limited, FSP No:15805