Private Yacth Insurance

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Navigate Life's Waters with Complete Confidence

Secure your luxury vessel with comprehensive yacht insurance that protects your maritime investment and lifestyle.

Get expert marine insurance tailored to your vessel and navigational plans.

What is Private Yacht Insurance?

Luxury yacht ownership signals your entrance into an unrivaled lifestyle of luxurious style and comfort. With your desire for carefree living, you need personalized, comprehensive yacht insurance, tailored specifically to your vessel and navigational plans.

We know luxury yachts, and more importantly, we know luxury yacht protection. You would not want any less to safeguard your significant financial investment. You wouldn't visit a general practitioner for heart surgery, nor should you trust the liability of your luxury yacht to a general consulting firm.

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    Choice Of Valuation

    You can agree on a fixed insurance sum with you or for a market value cover with the insurers as per your choice. A fixed value cover reimburses you the cost of an equivalent new vessel in the event of total loss, which can also go toward replacement of an older yacht.

    Our valuation options include:

    • Agreed value policies with fixed sum insured
    • Market value policies with current replacement cost
    • New for old coverage options for newer vessels
    • Specialized coverage for custom or rare yacht models
    • Regular revaluation to ensure adequate protection

    Proper valuation is the foundation of effective marine insurance policy coverage, ensuring you're neither underinsured nor overpaying for your luxury yacht protection.

    Hull, Mast, Rigging & Sails

    A private boat coverage should not restrict itself to physical damage, liability, and war. The best marine insurance policies would include an extension for loss of mast, spars, sails, and rigging apart from the boat damage. The covers should not differentiate between two-handed or single-handed sailing.

    Comprehensive protection includes:

    • Full hull coverage against collision and grounding
    • Specialized mast and rigging protection
    • Sail damage from both weather and mechanical failures
    • Coverage during races and regattas
    • Navigation equipment and electronics protection

    These specialized coverage elements are essential for sailing vessels and ensure that all critical components of your yacht are protected against a wide range of maritime risks.

    Personal Accident Cover

    Boat accident insurance for yachts is specialized. It provides coverage for death, temporary total disablement, medical expenses, and repatriation from a safe port back to the country of domicile. Coverage can be provided for single-handed, double-handed, or fully crewed racing events.

    Our personal accident coverage includes:

    • Owner and family protection
    • Guest coverage while aboard
    • Crew medical expenses and repatriation
    • Search and rescue expense reimbursement
    • Emergency medical evacuation

    This protection ensures that everyone aboard your vessel receives appropriate care in case of injury, regardless of location or circumstances, providing essential peace of mind during extended voyages.

    Tender And Racing Covers

    While social racing is automatically covered, for those times when you want to challenge yourself and your yacht in competition, you may include offshore racing options. Insurers automatically cover your tender, including giving a choice of optional covers like observers' and water skiers' cover.

    Enhanced coverage options include:

    • Full racing risks for competitive events
    • Coverage for specialized racing sails and equipment
    • Tender and auxiliary craft protection
    • Water sports liability extension
    • Regatta participation coverage

    These specialized endorsements ensure that your vessel remains protected during all your maritime activities, from casual cruising to competitive racing scenarios.

    Third Party Liability

    A yacht insurance policy provides cover for damages that the owner, guests, or crew have caused against a third party while using the vessel. Risk of crew claims against skipper and other crew, emergency services, and coverage for damage caused by parties not insured can also be covered.

    Liability protection includes:

    • Damage to other vessels or property
    • Injury to third parties
    • Oil pollution and environmental damage
    • Wreck removal costs
    • Marina property damage
    • Legal defense costs

    With increasing litigation and environmental regulations, robust third-party liability coverage is essential for all yacht owners navigating domestic and international waters.

    Comprehensive Covers

    Buying specialized cover for your yacht is never enough. You can find wider coverage for your yacht including covers for Wreck Removal, Storm and Hurricane Haul Out, or damage due to Pollution Spill. When you work with specialists, you can afford the best international yacht insurance one can buy for their yacht.

    Additional protection options include:

    • Hurricane evacuation expense reimbursement
    • Mechanical breakdown coverage
    • Uninsured boater protection
    • Ice and freeze damage
    • Transport and shipping coverage
    • Charter coverage for occasional rental

    These comprehensive coverage elements ensure your yacht remains protected against both common and extraordinary risks, providing complete peace of mind for your maritime lifestyle.

    Frequently Asked Questions

    Yes, with customized navigation limits for your planned routes.

    Crew liability coverage protects against negligence claims.

    Yes, tenders, jet skis and other accessories can be included.

    Yes, with optional storm haul-out reimbursement.

    We provide access to 24/7 emergency assistance and salvage coordination.

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    License Code : 607
    Validity of IRDAI certificate : 10 July, 2026

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