Yacht Insurance Products
Operational risk Coverage
Private - Charter - Commercial
Introduction
Coverage that matches how you use your vessel
Whether you are sailing for pleasures, offering your yacht for charter or running a commercial marine operation, we provide tailored insurance aligned with how your vessel is used.
Benefits
Why Operational Risk Coverage
Tailored Coverage
Enjoy insurance that reflects how your vessel is actually used
Compliance with Operational Requirements
Stay aligned with flag state and regulatory requirements for your vessel's specific activity.
Flexibility as your needs change
Easily adjust your policy if your vessel's usage evolves
Our products
Operational Risk Coverage
Private Use
Comprehensive coverage for privately operated vessels, protecting against physical damage, personal liability and onboard incidents during leisure use.
- Hull & Machinery all-risks protections
- Personal accident and liability cover
- Flexible navigation limits
Charter Use
Insurance tailored for vessels engaged in charter operations, covering liability, damage and crew risks associated with carrying paying guests
- Third-party liability for guests and crew
- Coverage for charter activities
Commercial Use
Specialised insurance for vessels in business operation such as transport, surveying or training, with enhanced protection for higher-risk activities.
- Broad liability and operational risk coverage
- Crew and passenger protection
- Customised to vessel type and commercial function
Frequently asked questions
Find answers to common questions
Why does the vessel's use affect the insurance policy?
Different uses come with different risk level. Chartering and commercial operations typically involve more exposure than private use, so insurers structure coverage and premium accordingly.
Can I switch my coverage if I start chartering my yacht?
Yes, your policy can be adjusted to reflect the change in use. It is important to notify your insurance broker before switching to charter or commercial activity to ensure your coverage remains valid.
Is coverage available for multi-use vessels?
Absolutely. We can arrange flexible policies that cover both private and charter use, with clear conditions to ensure compliance and continuous protection
Connect with us
Interested in yacht insurance products?
We are here to help you find the right coverage for your vessel, tailored to your needs and cruising plans. Reach out today - our team will be happy to provide guidance or a personalised quote.