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Boat seizure insurance

 

Boaters who sail abroad, in case of an accident they have caused resulting with injured persons, are in general faced with boat seizure until situation in relation to claims from liability is clarified, or until there is a proof that the claims might be recovered from the vessel owner or his insurer.

In this case of temporary boat seizure state authorities acknowledge also payment of bail, while we as the insurer assume this cost of bail up to amount of 50.000 euro.

We recommend this kind of protection especially to skippers in Mediterranean because when damage from compulsory liability occurs, boats are being seized until payment of bail or until clarification of actual situation. Boat seizure insurance is available only in addition to compulsory liability insurance.

 

Request a quote HERE.

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