Yacht Ocean Cargo Insurance

Information

Yachts present special needs.  On larger yachts, underwriters require "load and stow" surveys, and "offloading" (discharge) surveys.

It is important that yacht owners carry the broadest coverage because damages to a yacht can be substantial and costly.

Questionnaire

(cost of yacht + shipping cost + 10%) or as agreed

(Performs Load and Stow and Discharge Survey)

Warranted: Experienced personnel to supervise loading and discharge

"Load & Stow" Survey Requirements: All shipments valued in excess of $500,000.00 USD to be surveyed by independent surveyor prior to shipment.

Conditions:

  • Institute Cargo Clause “A”, All Risk Including WAR/SRCC, Loading and Discharge
  • DEDUCTIBLE: 1% NOT TO EXCEED $10,000.00 USD