Hull Insurance

Features and benefits included automatically

Significant exclusions or limitations

Refer to Policy Section

Main Vessel covered for external accident, fire, lightning, explosion, heavy weather, stranding, grounding, sinking/flooding, collision, malicious damage, rodents, piracy, theft, frost/freezing of motors and batteries, breakage and permanent distortion of masts, breakage of standing and running rigging, breakage of shafts struts and propellers, physical damage to main engines and attached gear boxes.

Sails and canvas damaged due to weather alone.
Faulty materials, faulty design and construction, latent defect, electrolysis, wear and tear.
Parts which are not damaged due to an insured incident, but which require replacement as a result of obsolescence or upgrading of parts replaced under policy.
War/Terrorism
Consequential losses and expenses
The amount of indemnity under A21 is restricted to £20,000

Section A
Section B

Gear and Equipment covered for the listed accidents to the main vessel, and also for theft from the vessel, or from storage ashore.

Section A 16

Tenders are covered for the listed accidents to the main vessel and are also covered for theft.

Make/Model (and serial number if appropriate) must be noted.
Excess £150 unless stated otherwise.

Section A 14

Personal Effects are covered for accidents to the main vessel, and also for theft from the vessel.

Automatically covered up to 2% of the Sum Insured or £2,500 whichever is lower, unless a sum insured for Personal effects is specified.
Single item limit £600 unless otherwise agreed.

Section A 16
Section C 5

Outboard Motors are covered for the listed accidents to the main vessel and also for theft, and for dropping off/falling overboard.

Make/model/serial number must be noted.
Dropping off/falling overboard settled at market value less excess.
Limited amount of cover for tenders/outboards whilst being towed.

Section A 15
Section A 22
Section C 2 (b)

Section C 2 (c)

Total loss claims settled at agreed fixed value of vessel (sum insured).

Insurers may deduct residual value of vessel or other items

Section C 1

Partial loss/damage claims settled at actual cost of repair/replacement less excess.

New for old deduction clause may apply to parts only (not labour).

Section C 2 (a)
Section C 3

No excess applies on claims for Total Loss, Constructive Total Loss, loss of or damage to Personal Effects, damage caused by lightning, fire, theft by forcible entry, collision by third party vessel underway when correctly moored/berthed.

Section C 4

Salvage and Wreck Removal costs.

Section C 6

Emergency Assistance

Up to £4,500

Section C 6

Emergency Accommodation costs following accident.

Costs limited to £500

Section C 6

Up to 40% No Claims Bonus and protected NCB.

Section D

Up to 72 hour automatic cruising area extension for last minute itinerary changes

Use of the Vessel 7

Twelve months in/out of commission

Use of the Vessel 2

Use by friends/family

Use of the Vessel 5

Racing

Use of the Vessel 9

Single handed sailing

Use of the Vessel 10

24 hour sailing

Use of the vessel 11

Charter - by agreement and additional terms/conditions

Use of the Vessel  4