Yacht (pleasure craft) Insurance
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Yacht Insurance (Pleasure Craft Insurance) provides coverage for accidental, direct physical loss or damage from an external cause, as well as salvage charges. Coverage applies to the yacht itself and includes sails, machinery and other equipment normally required for the operation and maintenance of the yacht. It also covers the insured's liability for property damage, bodily injury or death of another person resulting from the ownership or use of the insured yacht. Also covered are legal defense costs, the cost of wreck removal when required by law.
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Terms applied: Institute Yacht Insurance Clauses
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The insured yacht should be used solely for private pleasure purposes and not for hire charter or reward, unless specially agreed by the Insurer.
How to Apply
You may download our Application form here and revert back to us by email or fax to get a quotation first.
For more information, please contact your AXA agent, broker, or our Customer Service Hotline:
Tel: (8621) 6156 3500
Fax: (8621) 6882 4600
Email:wicn@axa-ins.com.cn.