Facts of the fully comprehensive insurance

  • Insurance covers the yacht/boat, including machinery, equipment, inventory, dinghies, attachments, and personal effects; 

  • Insurance cover is valid on water and land, including the landing and launching; 

  • Insurance cover transports by road and the boat trailered by ferry; 

  • Risks insured: collision, grounding, stranding, sinking, fire and explosion, vandalism, force majeure, lightning strike, theft; 

  • Including insurance cover for trailers in the case of fire, explosion, or theft as well as in the case of a total loss due to an accident of force majeure ; 

  • Expenses for salvaging, salvage attempts, and, if so, waste disposal up to the amount of the sum insured ( in addition to the insurance sum ); 

  • Expenses of the policyholder for the prevention and reduction of damage up to a limit of 20 % of the sum insured; Including regatta risk/race risk for sailing yachts during club regattas; 

  • In the case of total damage: replacement of the time value (time value insurance); 

  • In the case of partial damage: acquisition of 100 % of the repair costs, acquisition of transport costs to the chipyard and the way back; 

  • Elimination of the deductible in case of theft if the boat or outboard motor is equipped with a GPS/GSM transponder.