Yacht Liability Cover
The Thomas Miller Specialty Yacht Liability product offers marine liability insurance for owners, operators, managers and bareboat charterers requiring cover for yachts over 24 metres and is designed specifically to provide the Assured with a broad and flexible solution to their insurance needs.
- Limits of up to USD 500,000,000.
- Liabilities to the owners family, crew and guests.
- Watersports coverage including liabilities arising from the use of the yacht’s “toys” with an optional extension to include submarines, mini-submarines and remotely operated vehicles.
- Contractual liability extension with a limit of USD 5,000,000 included.
- Uninsured or underinsured boaters extension with a limit of USD 5,000,000 included.
- War P&I risks
- Worldwide Navigation
- MLC Financial Guarantee Compliant Coverage
Each product can be underwritten on policy forms specifically written, often with the applicant’s broker, to meet the needs of the insured.