Third Party Liability

Third Party Liability provides protection against anyone claiming that you have caused them injury or damage to their property whilst using your vessel. Our policy limit for Third Party Liability goes up to CI$250,000.

Example: While attempting to dock, your boat runs into the side of another boat and scratches its paint. Your liability related to this incident would be covered up to the maximum policy limit.

Damage to Your Vessel

Whilst ashore or afloat, being lifted, hauled out or launched, we cover the cost of repairs or the replacement of the vessel if damaged by an insured event. Vessel repairs can be very costly and having this cover will protect you against unexpected damage. 

Example: Your boat scrapes across the top of a coral bed, causing damage to the bottom of the vessel. We will cover the costs to repair and restore your boat to its previous condition.

Personal Effects Cover

Whilst on board the vessel, in storage or in a vehicle in transit between the place of storage and the vessel, your personal effects like apparel and sports equipment are covered up to CI$2,000. Electronic devices such as your mobile phones are excluded from this cover. 

Example: A small fire breaks out on your boat which causes damage to your diving equipment. This cover will pay for a replacement of the damaged equipment. 

Theft Cover

You are covered in the event of your vessel being stolen from the listed mooring. Theft cover will replace the vessel for you, based on the vessel’s estimated accepted value previously submitted by the insured person minus any deductibles and depreciation. 

Example: A thief breaks into a secured storage facility and steals your boat. Following your reporting the incident to the police, your marine policy will help replace the boat.