Policy covers All Risks of accidental Loss of or Damage to the boat or sailing vessel due to accidental collision or overturning including all Third Party liabilities due to negligence in the course of using the boat:

• Perils covered are, collision at sea, fire, lightning strikes, jettison, piracy, theft, malicious damage and perils of the sea
• Covers the Hull including machinery, Out-board motor and all Equipment on the vessel
• Protects against legal liability claims from passengers arising from negligence in the use of the vessel
• Covers the vessel whilst at sea or at place of storage including the lifting or hauling out and launching of the vessel
• Covers the vessel whilst it is being laid up or put out of commission

Some insurers do also provide the following exclusive extensions:

• Medical Expenses to owner and/or spouse for a limited sum
• Loss of Personal Effects
• Dropping or falling overboard of outboard motor
• Transit risk where accidental loss or damage is covered
• Personal Accident benefits coverage for owner, spouse and passengers
• No Claim Discount is available