Salvage expenses
If you have to salvage your boat because of an event covered under the policy, we’ll pay the costs of getting the boat to the nearest repairer. You won’t have to pay any excess either.
Raising and removal expenses
If you’re instructed to raise or remove your boat by a statutory authority we’ll pay the costs.
Wreckage removal
If the boat is irreparable we’ll pay up to 10% of the amount it’s insured for to get it to a disposal site.
Transport costs for you and your family
If you're left stranded as a result of an event covered by the policy, we’ll pay up to $250 per person ($1,000 in total) to get you and your family home or to your nearest destination.
Cost of attending court proceedings
We’ll provide up to $100 per day or $1,500 in total for expenses if you, your partner or a family member has to attend court proceedings in connection with a loss to your boat that’s covered by this policy.
Manslaughter defence
We provide up to $5,000 to cover legal expenses for you or a family member if you have to defend a charge of manslaughter in connection with your use of your boat or any other boat that you had permission to use.
Maximum payment
The most we’ll pay for any event is the market value of your boat or the sum it was insured for.