Yacht Insurance - Introduction - Searchlight Insurance Training

Yacht Insurance – Introduction

This one day workshop is designed to provide delegates with an introduction to yacht insurance.

The workshop will be suitable for anyone who wishes to broaden their knowledge of marine insurance or would like to specialise in this sector of the market. Previous knowledge or experience in this area is not required.

 

Level: Introduction

Duration: 1 day(s) CII CPD Hours: 6
     

WORKSHOP OBJECTIVES

• Develop an appreciation and understanding of yacht and recreational craft risks

• Gain maximum benefit from an experienced market speaker

• Develop your knowledge of yacht insurance and the related terminology.

WORKSHOP CONTENT

• The Recreational boating industry

• Types of craft insured in the yacht market

• Design and construction of hulls and machinery

• What are the main risks faced by yachts and recreational vessels?

• Common clauses and policy wordings

• Underwriting considerations

• Roles of specialists within the yacht market

• Legal issue affecting yacht insurance

• Claims issues affecting yacht cover