Boat Insurance

Under this section you may claim for any accident damage to the craft, or if it is stolen. You may also claim for the damage you caused to other parties and their property.

How and where the craft may be used:

1. You will only have cover if you use the craft solely for social, domestic or pleasure purposes, and for the purpose for which it was designed.
2. The craft must be navigated and controlled by you, or with your permission by any competent person, and be used in accordance with the rules and regulations applicable to the specific water where the craft is used.
3. The craft must be ashore or afloat on inland or coastal waters, or be transported by road, sea, air or rail.
   • Inland waters of Southern Africa are all inland non-tidal navigable waterways of Botswana, Lesotho, Malawi, Mozambique, Namibia, South Africa, Swaziland, Zambia and Zimbabwe, including lakes, rivers and dams, used for sport and recreational boating.
   • Coastal water of Southern Africa are the territorial waters within a distance of 20km off the coast of South Africa to no further North than latitude 23 degrees South , Mozambique, on the Indian Ocean.

What you pay when you claim – the excess(es)

We will compensate you for:

• The craft, its machinery and motor(s), standard fitting, gear, equipment and fitted accessories
  The craft is comprehensively insured. We will compensate you if it is damaged or stolen.
  The most we will pay for the craft is its reasonable market value, or the stated value on the schedule, whichever is the lesser. If the craft is stolen, we do not have to compensate you for four weeks from the time you tell us about it. If the craft is financed, we must first pay the finance company. If parts for the craft are not available, and it delays the repairs, we will not compensate you the inconvenience or money you lose or for any liability you may incur because of the delay.
• Salvage charges
  Salvage charges incurred in preventing or minimizing further loss of or damage to the craft.
• Finding the craft
  Finding the craft after it became stranded, collided with something or sank.
• Repatriation
  The cost to salvage and deliver the craft to the nearest border post of South Africa, if it was disabled outside south Africa by anything covered by the policy.
• Medical costs
  Medical costs, if the craft is in an accident or sinks and any person in it is injured, up to R2 000 per incident.
• Other parties
  We will compensate the other party, other than passengers on the craft or a water skier, on your behalf for damages, cost and expenses if the navigator of the craft is legally responsible for an accident which caused damage to another party’s property, or if a person died or was injured because of the accident. The accident must have been caused by or in connection with the craft on the policy.
  There will be no cover if the craft was being transported by road at the time of an accident, or if it was used outside South Africa or more than 20km from its coast.
• Water skier liability
  Water skier liability, but only if the schedule states that you are paying for cover.
  1. If the navigator is legally responsible, we will pay for the accidental death of or bodily injury to a water skier, and loss of or damage to the property of the water skier while being towed by the craft or preparing to be towed, or before getting back into the craft.
  2. If the water skier is legally responsible, we will pay for the accidental death of or injury to others and loss of or damage to the property of others, caused by a water skier while being towed by the craft or preparing to be towed, or before getting back in to the craft.

We do not compensate you for:

• Property in you possession and that of you passengers
  For your property or the property or your passengers, and other property that you and your passengers have with them on the craft.
• Trailer
  For the craft’s trailer. The trailer must be insured separately.
• Accidental death or injury of a household member or employee
  If a member of your household dies or is injured in an accident or if a person who works for you dies or is injured while he/she is working.
• Craft used to earn an income or for hiring or chartering
  If the craft is used to carry fare-paying passengers, for hiring or piloting instruction, or while it is chartered.
• Confiscation
  For seizure or confiscation by any legal authority.
• Faulty repair work, latent defects, launching
  For any loss or damage caused by faulty repair work or maintenance, a latent defect in the craft’s design, construction or machinery, or loss or damage caused when it is being launched through the surf.
• Pressure waves
  For any loss or damage due to pressure waves caused by aircraft traveling at sonic or supersonic speed.
• Transportation by road
  If the craft is not conveyed on a property constructed, designed and roadworthy trailer while in transit.
• Aircraft or aerial devices
  For any loss or damage caused by aircraft or other aerial devices or articles dropped from them.
• Piracy or racing
  For any loss or damage caused by piracy or while the craft is being used in any kind or race, speed or reliability trail. If the craft was used in an organized regatta, the cost or replacing or repairing sails, masts, spars, standing and running rigging will be limited to 2/3 of that cost.
• Sails and protective covers
  For any loss of or damage to sails and protective covers split by the wind or blown away unless the craft is stranded, sinks, burns, collides or when the spars, to which the sails are fastened, become damaged.
• A craft left unattended for more than 12 hours
  If the craft and its motor(s) are left unattended for a continuous period in excess of twelve hours, we will not be liable for any loss or damage unless the craft and its motor(s) are located at a marina or recognized place or mooring, within the confines of the insured’s home, at any boat yard or place or repair, or any other recognized place or storage.
• Fire extinguisher (s) not installed or not in working order
  For any loss or damage caused by fire to any craft fitted with in board machinery which does not carry a fire extinguisher (s), properly installed an maintained, and in efficient working order.
• Navigator under the influence
  If the navigator is under the influence or alcohol or drugs, or if the percentage or alcohol in the navigator’s blood exceeds the legal limit, or if the navigator fails to breathalyser test.
• Craft moored at an unregistered marina or mooring
  For any loss or damage to any craft while permanently moored at an unregistered marina or mooring.
• Submerged motors
  If you do not immediately flush and restart a submerged motor, if practicable.
• Motor(s) not securely bolted
  For loss of or damage to the craft’s machinery and outboard motor(s) while it was not securely bolted to the craft.
• Anti-theft device
  For theft or the craft’s outboard motor(s) while it was not securely locked to the craft by an anti-theft device.
• Other various causes
  For loss or damage directly or indirectly caused by failure, breakage or rust, wear and tear, deterioration or depreciation, perishing, fading, mechanical and electrical breakdown, insects or vermin and consequential loss from any cause whatsoever.