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 Yachts tend to be beautiful, elegant vessels that can provide
people with a wonderful and classy way to enjoy the water.
These vessels are appealing to the eye and tend to be larger
than the average runabout. With larger vessels carrying
more passengers, higher risks are inherent. This means that
it is especially important for yacht owners to have proper
yacht insurance policies for their specific exposures. Below
are the two general classifications of yacht insurance
policies as well as information on ancillary coverage’s.
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Yacht Insurance Policies
 A general yacht insurance policy will cover third party
liabilities, physical damage, personal property, medical
expenses, pollution liability, wreck removal, and
emergency towing to name a few. These policies are written
for different vessel types such as private pleasure/weekend
cruisers, limited six pack charters, long-range cruisers,
great loopers, and live boards. Additional options that can
be tailored to fit individual needs are Paid Crew, Broad
Navigation, Dinghy/Tenders, Fishing Equipment, and
Hurricane Haul-out reimbursement.
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Luxury Yacht Insurance Policies
 Luxury yacht insurance policies encompass similar coverage as
standard yacht insurance policies; however, these likely warrant
higher liability limits and more tailored ancillary coverages. We
see vessels range from custom and semi-custom sportfishing
yachts, trawlers, long-range cruisers, “down east” boats,
sailboats, catamarans, yachts with full-time captain yachts that
are owner-operated. Additional options that can be tailored to fit
individual vessel needs are Paid Crew, Broad Navigation,
Dinghy/Tenders, Fishing Equipment, Hurricane Haul-out
reimbursement, Fine Arts and Fire Arms, Marine Environmental
Damage, etc.
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 A high-quality luxury yacht insurance policy is
essential to protect your luxury yacht from all of the
hazards that are inherent on the high seas such as
storms, collisions, unforeseen accidents, piracy, etc.
Maritime Insurance International can help you find an
ideal luxury yacht insurance policy fit for your
individual needs.
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Request a Yacht Insurance Quote Today
 Whether you own a yacht, luxury yacht, or megayacht, excellent insurance coverage is a must to protect
yourself financially. Maritime Insurance International
can get you a yacht insurance quote within 24-48
hours and can help you find the best insurance options
on the market.
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Contact US
For more Details
Phone: +9714 – 211 5800
Fax : +9714 – 250 2854
Email : info@ngiuae.com
customerservice@ngiuae.com
Website: https://ngi.ae/
Office Address:
National General Insurance Co. (PJSC)
PO Box 154,
Levels Ground, 3, 5, 6, NGI House,
Port Saeed Street, Deira Dubai
Dubai – United Arab Emirates
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