The multirisk contracts of reference.
| | Amounts | Deductions |
Total Loss and Theft – Insurance Value : | | NONE |
Partial damage : | | |
Partial Theft of equipments, Insurance Value : | | |
| Including personal effects | | |
Expenses : | | |
| Rescue and assistance expenses Expenses to remove or to destroy the wreck Refloating expenses | Real expenses accepted by our surveyor | NONE |
| | | |
| | | |
Third Part Liability : | | NONE |
Nautical Security : | | |
| Individual Marine - Decease - Incapacity : | | NONE |
| | | |
Skipper Card : | | |
| Assistance to the crew | According to the attached document | NONE |
| Lawyer's fees | 150 € |
A genuine architect of yachting insurance contracts, April Yacht has drawn up the most comprehensive insurance contracts on the market.
1. « Value as New » insurance for 5 years for new boats at the time of signature of contract: if, on the day of the claim, the boat is less than 3 years old (1825 days), the insurance is agreed at new value within the limit of the insurance value.
2. Automatic coverage without limits of the entire equipment including electronic devices, safety material, the main or spare engine, but also all material necessary for life on board.
3. Automatic coverage of the tender and its engine even if not listed in the contract. Forgotten or not listed, they were too often not insured.
4. The fees of your assessor in the event of loss or total theft. For these major events, if you do not accept the conclusions of the assessor named by the Company, you may assert your rights.
5. Engine - accidental obstruction of the cooling system: the coverage extends to mechanical damage caused by overheating as a result of accidental obstruction during navigation of the cooling system by a foreign body. The obstruction and its consequences must of course be appraised by the assessor. This exceptional coverage is included!
6. The extension « regattas » or « cruising racing » is granted for sailing vessels. In this case, the excess is doubled.
7. Coverage of hidden defects: following a covered event, the damage resulting from a hidden defect remains covered with the exeption of the cost of repair of the defect which caused the damage.
8. Coverage of land transport: includes loading and unloading.
9. A complete third party insurance:
a) with regard to family members: it includes repair of corporal damage suffered by the spouse, the ascendants and descendants of the person insured responsible for the event.
b) coverage of non-material damage: i.e. a third-party claim for damage other than corporal or material (e.g. loss of fishing for a professional or the deprivation of the use of a yacht by its owner following an accident for which you are responsible...). An essential coverage but unfortunately rare.
c) coverage of water skiing and other items towed by motor boats (except rising parachuting and « bare foot » water skiing).
10. The excess bonus: your excess is reduced by 25% per year in the absence of any claim. After 4 years without claim, the excess is no longer payable.
The multirisk contracts of reference.
| | Amounts | Deductions |
Total Loss and Theft – Insurance Value : | | NONE |
Partial damage : | | |
Partial Theft of equipments, Insurance Value : | | |
| Including personal effects | | |
Expenses : | | |
| Rescue and assistance expenses Expenses to remove or to destroy the wreck Refloating expenses | Real expenses accepted by our surveyor | NONE |
| | | |
| | | |
Third Part Liability : | | NONE |
Nautical Security : | | |
| Individual Marine - Decease - Incapacity : | | NONE |
| | | |
Skipper Card : | | |
| Assistance to the crew | According to the attached document | NONE |
| Lawyer's fees | 150 € |
A genuine architect of yachting insurance contracts, April Yacht has drawn up the most comprehensive insurance contracts on the market.
1. « Value as New » insurance for 5 years for new boats at the time of signature of contract: if, on the day of the claim, the boat is less than 3 years old (1825 days), the insurance is agreed at new value within the limit of the insurance value.
2. Automatic coverage without limits of the entire equipment including electronic devices, safety material, the main or spare engine, but also all material necessary for life on board.
3. Automatic coverage of the tender and its engine even if not listed in the contract. Forgotten or not listed, they were too often not insured.
4. The fees of your assessor in the event of loss or total theft. For these major events, if you do not accept the conclusions of the assessor named by the Company, you may assert your rights.
5. Engine - accidental obstruction of the cooling system: the coverage extends to mechanical damage caused by overheating as a result of accidental obstruction during navigation of the cooling system by a foreign body. The obstruction and its consequences must of course be appraised by the assessor. This exceptional coverage is included!
6. The extension « regattas » or « cruising racing » is granted for sailing vessels. In this case, the excess is doubled.
7. Coverage of hidden defects: following a covered event, the damage resulting from a hidden defect remains covered with the exeption of the cost of repair of the defect which caused the damage.
8. Coverage of land transport: includes loading and unloading.
9. A complete third party insurance:
a) with regard to family members: it includes repair of corporal damage suffered by the spouse, the ascendants and descendants of the person insured responsible for the event.
b) coverage of non-material damage: i.e. a third-party claim for damage other than corporal or material (e.g. loss of fishing for a professional or the deprivation of the use of a yacht by its owner following an accident for which you are responsible...). An essential coverage but unfortunately rare.
c) coverage of water skiing and other items towed by motor boats (except rising parachuting and « bare foot » water skiing).
10. The excess bonus: your excess is reduced by 25% per year in the absence of any claim. After 4 years without claim, the excess is no longer payable.
NEREIDE :
The extras of a "prestigious" contract
| | Amounts | Deductions |
Total Loss and Theft – Insurance Value : | | NONE |
Partial damage : | | |
Partial Theft of equipments, Insurance Value : | | |
| Including personal effects | | |
Expenses : | | |
| Rescue and assistance expenses Expenses to remove or to destroy the wreck Refloating expenses | Real expenses accepted by our surveyor | NONE |
| | | |
| | | |
Third Part Liability : | | NONE |
Nautical Security : | | |
| Individual Marine - Decease - Incapacity : | | NONE |
| | | |
Skipper Card : | | |
| Assistance to the crew | According to the attached document | NONE |
| Lawyer's fees | 150 € |
It answers to the demands of owners of prestigeous vessels. Our « Nereide Yacht » contract has unequalled coverage. It can be extended to include engine breakage, social protection of your professional crew, deep sea or professional navigation...
Over and above the exceptional coverage of the Horizon contract, the NEREIDE contract includes the following advantages:
1. The insurance value is registered by 5-year periods, without the necessity of an assessment, throughout the life of the contract.
2. The reimbursements of partial damage are made without regard to the wear and tear on the majority of vessels throughout the life of the contract.
3. The coverage ceilings are the highest on the market.
