Get ready for your adventure in the high seas! But before setting forth on your adventure make sure to buy your Yacht Insurance in UAE to be safe and secure as well as get the losses covered in case any mishap happens. Your yacht can be your gateway to a whole new world of freedom & it is important that you protect and secure this freedom.
Buying a Yacht is a big investment & a lifestyle choice! It brings adventure, and additional responsibilities to your life. Just to be on the safer side to enjoy every minute on your yacht bought with your hard-earned money going sailing with your family & friends, proper Yacht insurance is a must. So, make sure your vessel is covered properly.
A bad storm or dashing against rocks can cause damage to your yacht. Any loss or damage to the Hull and Machinery of your yacht caused by perils needs to be covered. A third party liability insurance covers you against liabilities that may arise out of injury to a third party person or damage to a property. Personal belongings on your boat can be covered against theft with an optional coverage. Insurance coverage can be extended for search & rescue services covers expenses for this service in case event assistance is required.
No two marine vessels are alike! Hence personal service and insurance coverage should be tailored around the way you use your vessel. Even if you own a smaller boat, cruiser, motor yacht or a Mega yacht, you deserve to receive the best! Owners of Mega yachts may have specific insurance needs that are different from other marine vessels. Customized policies with comprehensive coverage are needed here.
By searching out different insurance providers you can zero in on a best fit yacht insurance policy that matches your exact requirement.
Here are some examples of yacht insurance in UAE :
- Your yacht & your liabilities as an owner
- Personal accident cover that includes cover for your invitees/guests and of course you.
- Specified medical expenses as per terms and conditions of the policy
Perils covered are Losses and/or damages caused by
- Perils of the Seas, Rivers, Lakes or other navigable waters.
- Fire, Jettison and Piracy.
- Contact with Dock or Harbors, Land Conveyance.
- Explosions
- Malicious acts
- Theft of the entire Vessel or her boat(s) or Outboard Motor(s)
- Latent defects in Hull or Machinery
- Loss or damage to any other vessel or property
- Loss of Life, Personal injury or illness
- Removal or destruction of a wreck
Tags : Yacht insurance in Dubai , Yacht insurance in Abu Dhabi, Yacht insurance in Ajman, Yacht insurance in Sharjah