Our Yacht cover for Boating enthousiasts:

Cover Section 1: Loss or damage to the vessel or hull
    Period 12 months from date to be agreed

    Limit of Cover
    1 – Loss or damage to vessels with value up to 10,000,000 BHD

Section 2: Third Party Liability
    2 – Third Party Liability BHD 100,000 in the aggregate

Section 3: Liability to passengers
    3 – Liability to passengers BHD 10,000 any one person and
    BHD 50,000 in the aggregate

Additional Covers

a. Sighting expenses
b. Death benefits for Insured and spouse (1 no.)
c. Personal effects (Coverage for damage to and not loss of personal effects)
    BHD 500 any one person
    BHD 2,500 in the aggregate
d. Water sports extension 10,000 BHD any one occurrence and in the aggregate

Interest Covered Yacht and boats used solely for private and pleasure purpose

Age of the vessel – not more than 5 years from initial manufacture

Speed of the vessel – not more than 36 knots

Cruising limit Bahraini and neighboring waters such as Qatar and Saudi Arabia.

Deductible eel 250 BHD

Less: No claim bonus : 10% discounted if policy renewed or upgraded.

Wording Allianz Takaful yacht and pleasure boat Contract wording:
    · Excluding commercial usage
    · Excluding racing
    · Excluding riot, strike, malicious damage
    · Excluding War and terrorism
    · IT clarification Clause
    · Excluding Pollution and contamination absolutely
    · Arbitration : place and seat: Kingdom of Bahrain
    Law and Jurisdiction Kingdom of Bahrain