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Home  /  Individual Insurance Plans  /  Yacht - Pleasure Craft Insurance

Yacht - Pleasure Craft Insurance

A pleasure craft is by its nature a refuge for carefree leisure and relaxation, feelings that can not coexist with worries and concerns. ATLANTIC offers you an insurance policy which spares you from any concerns regarding damages your craft may suffer or from any legal obligations that may arise from its use.

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Leaflet

What we cover

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  • A. Covers for the Craft1.   Perils of the seas
    2.   Fire
    3.   Piracy
    4.   Jettison
    5.   Collision
    6.   Earthquake
    7.   Lightning
    8.   Accidents during the loading or discharging of equipment
    9.   Explosion
    10. Malicious acts
    11. Theft
  • B. Liabilities to Third Parties 1.   Loss or damage to any other vessel or property
    2.   Loss of life, personal injury or illness
  • C. Optional Covers 1.   Transit risks - Cover for the craft while in transit by road, car-ferry, etc. including loading and unloading from the conveyance.
    2.   Personal effects - Cover for loss or damage to personal effects while on board and also in transit from your place of residence to the craft and vice versa.
    3.   Machinery damage - Cover for loss or damage to motor and connections, electrical equipment and batteries provoked by specific causes.

 

Important Note: The above constitutes a summary of the product features. Full details as to policy covers, conditions and exclusions are contained in Atlantic’s relevant Insurance Policy document.

Competitive Benefits

  • Prompt and fair claims settlement
  • Comprehensive cover
  • Competitive prices
  • Cover for coastal passenger vessels
  • Cover for watersports and jet skis

We guarantee you hassle-free enjoyment of your craft!

Frequently Asked Questions

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  • Q1. Am I allowed to navigate the insured craft outside Cyprus coastal waters?A1. Yes, we can provide cover outside Cyprus coastal waters. You should declare the geographical limits required on the proposal form.
  • Q2. Can I amend my policy during the insurance period? A2. Yes, amendments such as extension of geographical limits, inclusion of a trailer, cover for transit risks, etc. can be made during the insurance period.
  • Q3. Does the policy cover me for racing? A3. No, the policy does not provide cover for any race or regatta. However, we can consider providing such cover upon request.
  • Q4. Does my yacht policy provide cover for Employer's Liability? A4. No, the policy does not provide cover for Employer's Liability. Such cover can be provided under a separate policy.
  • Q5. Am I covered if my vessel is not kept/moored in a marina or port? A5. Yes, you are still covered provided this is declared on the proposal form.

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