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Marsh YachtCover

A faster, more reliable way to obtain yacht insurance in Asia with competitive terms and pricing.

Protection

Comprehensive and flexible coverage options at highly competitive pricing

 

Speed

Fast processing time, presented in days

Support

Brokers and claims specialists with over 75 years of experience

Across Asia, yacht owners know the importance of insuring their vessels, which enables access to marinas, indemnifies against third-party liability and damage, and offers protection against a wide range of natural and man-made risks that can potentially incur high costs.

However, yacht insurance policies vary widely and obtaining the right level of cover can be difficult. How do yacht owners select from the range of yacht insurance options available and secure the correct level of coverage to protect their prized assets?

Introducing Marsh YachtCover

Marsh YachtCover helps yacht owners identify and obtain the optimal level of yacht insurance cover at highly competitive pricing and market-leading terms via an online quotation web portal. We provide end-to-end protection and support for yachts — including claims assistance and management following an accident — and coverage that is tailored to your profile and needs. Marsh YachtCover’ s service goes above and beyond the typical insurer at no additional expense while helping you save, on average, 10% on your premiums.

Marsh YachtCover is specially curated for pleasure yachts registered in Asia and/or sailing within Asia valued between US$500,000 and US$18million. Coverage for higher-valued yachts and/or a wider geographical coverage are also available — please contact our yacht specialists.

Marsh YachtCover Features 

Coverage features include (but are not limited to) the following:

  • Replacement Cost Loss Settlement: Pays for repairs or replacement of covered property without deduction for depreciation for most partial losses. 
  • Medical Payments: Covers reasonable medical and related expenses on a per person basis for all on-board, boarding or leaving the insured yacht.
  • Emergency Assistance: Pays for the costs incurred when emergency assistance is required, even if you and your yacht are not in immediate danger. 
  • Uninsured Boater Coverage: Pays for bodily injury to persons aboard the yacht who are injured by an uninsured owner or operator of another yacht.
  • Bottom Inspection: Pays for reasonable costs incurred to inspect the bottom of the yacht after grounding, stranding or striking a submerged object, even if no damage is found, without application of any deductible.

Benefits of Marsh YachtCover  

  • A fast and easy online submission process.
  • Broad and flexible yacht insurance coverage options presented in days.
  • Highly competitive pricing.
  • Peace of mind from A-rated international insurers.
  • Reliable service from a team of experienced brokers and claims specialists.

The above information is intended as a general summary and is indicative of the key features of an insurance plan. Full policy wording should be referred to for full details of benefits, exclusions, and requirements.  A copy of the policy wording will be provided with our quotation.

What Marsh YachtCover Provides

A fast and easy online submission process

Broad and flexible yacht insurance coverage options presented to you in days

Highly competitive pricing

Peace of mind from A-rated international insurers

Reliable service from a team of experienced brokers and claims specialists

Marsh YachtCover

Venture out to sea with confidence

Quotation button on a laptop

FAQs

Why Marsh

Marsh, the world’s largest insurance broker and risk advisor, is dedicated to helping clients globally and in Asia manage risk effectively. Leveraging strong historical relationships with global carriers and robust technology and data capabilities, Marsh’s long-standing expertise in designing, developing, and implementing innovative and efficient risk solutions across diverse industries and geographies delivers sustainable benefits for clients and empowers them to take advantage of opportunities that foster resilient business growth and expansion.

Our people

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Tom Chan

Divisional Director, Marine – Yachts

  • Hong Kong