HULL and machinery Cover for physical loss or damage to the yacht including but not limited to: Total loss Engine and/or machinery breakdown Lightning and damages related to heavy weather Fire Malicious acts Damage to water sport equipment and toys War and Strikes PROTECTION AND INDEMNITY Cover for owner’s legal liabilities such as: Passenger Liabilities Liabilities to crew (including sick wages) Pollution and environmental liabilities Collision and Property of others Water sports Contractual liabilities Legal and Defense Crew Medical insurance Cover is designed to protect the crew from the following: Illness and accident medical expenses Temporary total disablement Permanent partial disability Disability and accidental death Builders Risk Insurance This “all risks” insurance is offered when building a yacht and will cover losses caused and discovered during the policy period. Cover includes but is not limited to: Launching Sea trials Faulty design Latent defect Liabilities to third parties
