Yacht & Boat Insurance Philippines

Can I get An Insurance Quote For Free?

you can get an insurance quotation online for free, without obligation, for your yacht, boat or pleasure craft, just click this Insurance Quotation Request link and fill out the form, a quotation will be emailed back to you, usually within two working days and, if you like the quote, insurance cover will begin immediately following payment.

I Only Need Third Party Liability Is that Possible?

yes, third party liability insurance is available for almost all yachts in almost all locations, just fill out the Insurance Quotation Request link above and check the box . . .

Where Is Yacht Insurance Required In The Philippines?

actually, third party liability insurance is technically required everywhere and it makes good sense to have it, but some places are especially strict, for example: if you want to pull into a berth at Subic Bay Yacht Club you are required to have at least third party liability boat insurance; in most other Philippine marinas and recognised anchorages insurance is optional at the moment but that is likely to change as MARINA (the Philippine Government regulatory authority for on-water craft) is sharpening its focus on compliance by pleasure boat and other water craft owners and operators.

Will Insurance Pay Out For Storm & Typhoon Damage?

if you included Storm Cover in your yacht insurance policy then you are covered for typhoon damage. There are two levels of storm and typhoon insurance: Standard Cover, which includes Storms (cyclones, hurricanes, typhoons) reaching Beaufort Scale Force 7 to 12 (28 to 64 Knots) but excludes Numbered Storms & Named Storms; and, All Storm Cover, which includes Storms beyond Beaufort Scale Force 12 - Numbered and Named Storms. Provided you have followed the prerequisites in terms of securing your yacht in advance of the Storm and taking all reasonable actions necessary to protect your yacht during the passage of the storm you can be covered. In the Philippines where typhoons are frequent threats you are expected to have a responsible person aboard the yacht at all times if the predicted storm path suggests in excess of 35-knot winds in the vicinity of your yacht anchorage or marina berth. Regularly check the Joint Typhoon Warning Center website for forecast storm tracks and related wind speed information that may affect your boat's location.

Do I Need A Yacht Survey For Insurance?

a lot depends on the value you want to insure your yacht for and whether the insurance company believes it is a reasonable risk. Typically, you will need a survey if you are asking for fully comprehensive insurance but usually not for third-party liability boat insurance.

Can I Get "New For Old" Insurance Cover

if you have selected "New for Old" in your insurance application then in the event of a claim the underwriters will replace with new equivalent any equipment damaged beyond economical repair that is up to five years of age where proof of age or purchase can be provided.

Can I talk To Someone About Insurance?

yes, you can call 09165940540 and we will try to answer any other questions but we cannot give you a verbal quotation, for quotations please fill out the form found using this Insurance Quotation Request link