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Yachts tend to be beautiful, elegant vessels that can providepeople with a wonderful and classy way to enjoy the water.These vessels are appealing to the eye and tend to be largerthan the average runabout. With larger vessels carryingmore passengers, higher risks are inherent. This means thatit is especially important for yacht owners to have properyacht insurance policies for their specific exposures. Beloware the two general classifications of yacht insurancepolicies as well as information on ancillary coverage’s.

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Yacht Insurance Policies A general yacht insurance policy will cover third party

liabilities, physical damage, personal property, medicalexpenses, pollution liability, wreck removal, andemergency towing to name a few. These policies are writtenfor different vessel types such as private pleasure/weekendcruisers, limited six pack charters, long-range cruisers,great loopers, and live boards. Additional options that canbe tailored to fit individual needs are Paid Crew, BroadNavigation, Dinghy/Tenders, Fishing Equipment, andHurricane Haul-out reimbursement.

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Luxury Yacht Insurance Policies Luxury yacht insurance policies encompass similar coverage as

standard yacht insurance policies; however, these likely warranthigher liability limits and more tailored ancillary coverages. Wesee vessels range from custom and semi-custom sportfishingyachts, trawlers, long-range cruisers, “down east” boats,sailboats, catamarans, yachts with full-time captain yachts thatare owner-operated. Additional options that can be tailored to fitindividual vessel needs are Paid Crew, Broad Navigation,Dinghy/Tenders, Fishing Equipment, Hurricane Haul-outreimbursement, Fine Arts and Fire Arms, Marine EnvironmentalDamage, etc.

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A high-quality luxury yacht insurance policy isessential to protect your luxury yacht from all of thehazards that are inherent on the high seas such asstorms, collisions, unforeseen accidents, piracy, etc.Maritime Insurance International can help you find anideal luxury yacht insurance policy fit for yourindividual needs.

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Request a Yacht Insurance Quote Today Whether you own a yacht, luxury yacht, or mega-

yacht, excellent insurance coverage is a must to protectyourself financially. Maritime Insurance Internationalcan get you a yacht insurance quote within 24-48hours and can help you find the best insurance optionson the market.

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Contact USFor more Details

Phone: +9714 – 211 5800

Fax : +9714 – 250 2854

Email : info@ngiuae.comcustomerservice@ngiuae.com

Website: https://ngi.ae/

Office Address: National General Insurance Co. (PJSC)PO Box 154,Levels Ground, 3, 5, 6, NGI House,Port Saeed Street, Deira DubaiDubai – United Arab Emirates

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