What different types of cover can I choose from, and what is the difference between them?
We offer Third Party Cover and Comprehensive Cover.
Third Party Cover provides cover for your legal liability to pay compensation for up to $10 million for death or injury to other people, or loss or damage to their property resulting from an incident that arises out of your ownership or operation of your boat during the period of insurance and within the geographic limits. Third Party Cover does not cover any loss or damage caused to your boat.
Comprehensive Cover provides cover for your boat for theft and accidental loss and damage (which includes cover for incidents such as fire, storm & hail, malicious damage, sinking, running aground, accidentally hitting an object such as another boat, a jetty or a submerged log) where the incident happens in the period of insurance and within the geographic limits. It also includes the cover provided under Third Party Cover