Pleasure Craft
The cover is divided into two sections: -
| Section 1: Loss or Damage |
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Accidental loss of or damage to the Insured Craft |
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Sue and Labour expenses reasonably and properly incurred in minimising a loss covered by the policy |
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Salvage charges incurred in preventing a loss covered by the policy
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| Section 2: Liability to Third Party including passenger |
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Legal Liabilities to Third Parties arising out of the use of the craft up to the value of the vessel or subject to a minimum of HK$600,000
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| Warranty: |
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the craft is used for private and pleasure purposes |
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for craft over 10 years of age, underwriters reserve the right to demand a full condition survey conducted by an independent surveyor at the assured's expenses
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For more details, please contact our Marine Department at 2851 5538 or FAX to 2850 3002.
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