Personal Effects Insurance
You're covered.
For the personal belongings of the yacht owner, their family, guests, and crew members while on board the yacht or when those items are temporarily off the yacht.
Personal effects insurance for superyacht owners is a type of coverage that protects the personal belongings of the yacht owner, their family, guests, and crew members while on board the yacht or when those items are temporarily off the yacht. This insurance is crucial for providing financial protection against the loss, theft, or damage of personal items, ensuring peace of mind during voyages.
Personal Effects Insurance
Key Features.
The following shows the standard key features for our Personal Effects Insurance policies. Yet, at Superyacht Insurance Services, our products and service are anything but standard. We will work with you to design and build a bespoke policy that is uniquely tailored to you and your superyacht.
Coverage for Personal Belongings
Onboard Coverage
Protects personal items such as clothing, electronics, jewelry, and other valuables while they are on the yacht.
Off-Yacht Coverage
Extends coverage to personal items temporarily removed from the yacht, such as when staying in a hotel or during travel.
Covered Perils
Theft
Provides coverage for personal items stolen from the yacht or while temporarily off the yacht.
Accidental Damage
Covers accidental damage to personal belongings, such as dropping a valuable item or water damage.
Fire and Explosion
Protects against loss or damage due to fire or explosions on the yacht.
Natural Disasters
Includes coverage for damage caused by natural disasters such as storms, hurricanes, or lightning.
Loss
Covers the loss of personal items under various circumstances, such as items falling overboard.
High-Value Items
Scheduled Coverage
Allows for high-value items, such as fine art, antiques, or expensive electronics, to be specifically listed and covered for their appraised value.
Unscheduled Coverage
Provides coverage for general personal belongings up to a certain limit per item and in total.
Worldwide Coverage
Global Protection
Ensures protection of personal effects anywhere in the world, reflecting the global nature of superyacht travel.
In conclusion.
Let's talk.
Personal effects insurance is a vital aspect of a comprehensive insurance program for superyacht owners, offering essential protection for personal belongings against loss, theft, and damage. By securing this type of insurance, superyacht owners can ensure financial protection and peace of mind for themselves, their families, guests, and crew members, allowing them to fully enjoy the luxury and freedom of yachting without worrying about the safety of their personal possessions. If you’d like to arrange cover, please get in touch.
