| Oman Insurance Company (OIC)’s Sailing Boats policy covers ocean going vessels, pleasure crafts, yachts and other marine properties. The policy covers: - Limited or Comprehensive Insurance coverage for loss or damage to sailing boats, dinghies, pleasure crafts
- Collision liabilities, protection and indemnity coverage
- Sue and labour, excess liabilities
When and where does the cover apply? - In commission at sea
- On inland waters or in ports, docks, marinas, on-ways gridirons, pontoons or at the place of storage ashore
- While laid-up out of commission, including lifting or handling out and launching
Perils covered Losses or damage caused by: - Perils of the seas, rivers, lakes or other navigable waters
- Fire, jettison and piracy
- Contact with dock or harbour, land conveyance
- Accident in loading, discharging
- Explosions
- Malicious acts
- Theft of the entire vessel or her boat/s or outboard motor/s
- Latent detects in hull or machinery
- Negligence of any person whatsoever
- Loss or damage to any other vessel or property
- Loss of life, personal injury or illness
- Removal or destruction of wreck
- Legal costs
Extensions - Outboard motor dropping off or falling overboard
- Personal effects
- Liability to or incurred by any person engaged in water skiing or aqua planning
- War and strikes risks
- Machinery damage
- Racing risks
- Inland transit risks
(Subject always to the relevant terms and conditions of the yacht clauses and/or as mutually agreed.) For detailed information, please call toll free 800 4746 or email call_center@tameen.ae |