Why choose GIG Yacht Insurance
Local and International trading limits
No Claims Bonus applicable
Fast and Fair claims
Coverage activated immediately
Customisable covers for your poicy
Key benefits of our Travel insurance plan
Comprehensive Yacht Protection
Covers physical loss or damage
whether afloat, ashore, in transit and moored.
Third-Party Liability Security
Cover of USD 500,000/- protection against legal claims for injuries
or property damage to others, including passengers and crew onboard during accidents.
Flexible Cruising Coverage
Coverage extends within approved cruising limits across Gulf waters and nearby coastal regions.
Uninsured Boater Protection
Provides compensation if injured by uninsured or
unidentified boat operators during covered incidents.
Search & Rescue Expense Cover
Covers emergency assistance expenses, including public and private rescue
services during sea emergencies up to USD 25,000/-
Water Sports & Personal Accident Extensions
Optional extensions cover water sports activities and onboard personal accidents for enhanced protection.
Which plans is right for me?
For Complete protection on the sea
For: New Yachts
Seasoned Sailing Dingy
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Only With GIG
- Higher standard liability limits.
- Uninsured boater coverage included.
- Search & rescue standard. Automatic no-claim bonus.
- Flexible activity extensions available.
Covers
- Covers yacht hull, machinery, equipment, trailer.
- Third-party liability including passengers onboard.
- Uninsured boater injuries covered.
- Search & rescue expenses included.
- No-claim bonus rewards responsible owners.
- Personal effects onboard
- Personal accident protection
- Water skiing liability Racing cover for sailing boats.
- Extended third-party limit. Cruising range extension.
- Wear and tear not covered.
- Racing without extension excluded.
- Outside cruising area not covered.
- Natural disasters, war, nuclear excluded.
- Illegal or unauthorized use excluded.
- Poor maintenance damage not covered.
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Covers others liability
For: Occasional Users
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Only with GIG
- Higher standard liability limits than competitors.
- Optional extension up to USD 1,000,000.
- Guests onboard automatically included.
- Accepted by marinas and authorities.
- Flexible optional activity extensions available.
Covers
- Covers legal liability to others.
- Includes guests onboard your boat.
- Property damage covered (including wreck removal).
- Standard limit USD 500,000 per accident.
- Optional extension up to USD 1,000,000.
- Accepted by local authorities, marinas.
- Personal accident protection available.
- Water skiing liability cover.
- Racing cover for sailing boats.
- Extended third-party limit.
- Cruising range extension.
- Personal accident protection available.
- Water skiing liability cover.
- Racing cover for sailing boats.
- Extended third-party limit.
- Cruising range extension.
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| Coverage (per person in AED) | Local Affordable coverage |
|---|---|
| Comprehensive cover (Loss or damage to your boat)⠀ | UAE plus any one of India, Pakistan, Sri Lanka, Bangladesh, The Philippines, Nepal and Bhutan being your home country⠀ |
| Third party Liability Cover⠀ | Covers legal liability for injury, death, or property damage including guests, standard USD 500,000, optional USD 1,000,000.⠀ |
| No Claim Bonus | designed to take into account owners and/or skippers with international qualifications and/or over 3 years' experience. |
| Uninsured boater coverage | Covers bodily injury from uninsured or unknown vessel operators, up to USD 50,000. |
| Search and rescue | Covers Search and Rescue costs up to USD 25,000 per event. |
| No claim bonus with bonus protection | |
| Personal effects including cash | Optional |
| Personal accident | Optional |
| Racing (sailing boat only) | Optional |
| Water skiing (sailing boat only) | Optional |
| Third party Liability Cover extended to USD 1,000,000/- | Optional |
| Cruising Range Extension | Optional |
| Coverage (per person in AED) | Local Affordable coverage |
|---|---|
| Comprehensive cover (Loss or damage to your boat)⠀ | |
| Third party Liability Cover | Covers legal liability for injury, death, or property damage including guests, standard USD 500,000, optional USD 1,000,000. |
| No Claim Bonus | |
| Uninsured boater coverage | |
| Search and rescue | |
| No claim bonus with bonus protection | |
| Personal effects including cash | |
| Personal accident | Optional |
| Racing (sailing boat only) | Optional |
| Water skiing (sailing boat only) | Optional |
| Third party Liability Cover extended to USD 1,000,000/- | Optional |
| Cruising Range Extension | Optional |
| Benefits (in AED) | Comprehensive -Agency | Comprehensive -GIG Garage | Third Party |
|---|---|---|---|
| Loss or damage to the insured vehicle | No | ||
| Third party liability- Bodily injury | |||
| Third party property damage | 5 Million | 3.5 Million | 3.5 Million |
| Legal liability extended to include family members as Third Party | |||
| Storm, Floods, Riots and Strikes | No | ||
| Personal injury cover | 20,000 AED | 20,000 AED | No |
| Emergency medial expenses | 6,000 AED | 3,500 AED | No |
| Personal belongings | 4,000 AED | 4,000 AED | No |
| Oman Cover | Optional | ||
| Off road cover | No | ||
| Maximum agency repair period | 5 years | Optional up to 5 years | No |
| Guaranteed repairs | No | ||
| Back to invoice on total loss | 24 months from first registration | 6months from first registration | No |
| Waiver of excess windscreen damage | Below 5,000 AED | No | |
| Personal accident - driver | 350,000 AED | 200,000 AED | 200,000 AED |
| Personal accident - passengers | 200,000 AED | 200,000 AED | 200,000 AED |
| Personal accident - passengers | Up to 1,500 AED | Optional up to 7 days | No |
| 24 hour accident and breakdown recovery | No | ||
| 24 hour accident and breakdown recovery | - | - | No |
| Pickup & delivery (Claims Service) | |||
| Claims single point of contact | No | No |
Yacht Insurance documents
Download terms and conditions with product details
