Leisure Crafts
Comfort in every trip
The complete protection of your crafts is our top priority and for this we have created a comprehensive Leisure Crafts Insurance program that protects you and your craft from any risks.
Why TRUST Leisure Crafts Insurance
Full and Flexible
This insurance is designed based on the London Institute Yacht Clauses, with additional extensions that provide flexibility and complete coverage of your craft
Option to increase liability premium
Option to increase the liability limit against third party
Who is this for?
Aimed at all leisure crafts owners.
Coverage
It covers loss or damage to a yacht, hull, machinery and components while in sea or disarmed outside of active service or during maintenance, as a result of the following insured risks (according to the Institute Yacht Clauses 1/11/ 85):
- Marine hazards (e.g. impact, collision, landslide, sinking, bad weather conditions)
- Fire
- Piracy
- Dock collision or other facilities in the port
- Air craft crash
- Earthquake or volcanic eruption
- Lighting strike
- Damage during lifting/uplifting
- Explosion
- Malicious Damage
- Theft
- Rescue Fees
It also covers your legal liability for the compensation to third parties who may have suffered damage or injury as a result or related to your craft.
Would you like more information? Contact us
FAQs
The deductible amount is the amount or percentage that is not covered and/or deducted from the amount for each damage separately. Maximum coverage limitations either in amount or in percentage may be applied to specific coverage in your Insurance policy, a detailed list of restrictions is available in the Insurance policy.
It covers loss or damage to a yacht, hull, machinery and components while in sea or disarmed outside of active service or during maintenance, as a result of the following insured risks (according to the Institute Yacht Clauses 1/11/ 85):
- Marine hazards (e.g. impact, collision, landslide, sinking, bad weather conditions)
- Fire
- Piracy
- Dock collision or other facilities in the port
- Air craft crash
- Earthquake
- Volcanic eruption
- Lighting strike
- Damage during lifting/uplifting
- Explosion
- Malicious Damage
- Theft
- Rescue Fees
In addition, there is an option to add insurance coverage with an additional premium:
- Liability Insurance related to ownership and use of the vessel
- Responsibility for and against skiers
- Coverage for damage to the vessel during domestic transportation
- Coverage for personal items
- Fall of outboard engine from the boat
- Trailer cover
- War, Strike, Harassment, Political riots
Within the territorial waters controlled by the Republic of Cyprus, unless otherwise specified in your Insurance Policy.
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