All Risk Insurance Policy

For over 10 years, Nautilus has led the pleasure craft insurance market in product design and innovation. We have highly experienced staff with local knowledge of the boating industry in all our offices around Australia to provide underwriting assistance and 24/7 claims support.

Your role advising clients is so much easier with our All-Risks policy launched in October 2015.

Our All-Risk Policy offers the most specified and highly tailored solution available to meet your clients' individual needs. 

What does an All Risk Policy mean?
All risks of direct physical loss or damage to the insured boat is covered unless an exclusion applies.

All Risk Policy – Liability?
We will cover damage an insured person including a person with the insured’s consent to use the boat who is legally obligated to pay for bodily injuries or property damage arising from the ownership, operation, maintenance or use of the insured boat. Coverage also includes our Marine Environmental Cover providing broader pollution protection.

24/7 Support:
Your clients protection does not end with the policy wording, there is access to both our claims support staff, as well as medical support included via TravelGuard, a business of our support underwriters, AIG International.
All available 24 hours a day, 7 days a week.

Tailored Policy Features & Benefits are below, when you need the right protection for pleasurecraft clients, we look forward to helping you. 

Features & Benefits:

  • 3yrs new for old replacement on trailerable boats and PWC’s;
  • Agreed Value option;
  • No depreciation or deductions on Repairs or replacement of the motor/s up to 5 yrs of age;
  •  Mechanical breakdown cover on motors up to 5 years of age;
  • Water Sport Equipment – water skiing, fishing and diving equipment $2,000 per item to $20,000 in total;
  • Automatic $10 Million legal liability cover for all boats and PWC’s;
  • Personal Accident Cover $50,000;
  • Nil excess for loss or damage whilst boat moored at usual berth or private jetty;*
  • 100NM Full racing Cover.
  • Contents including alcohol and wine up to $10,000;
  • Lay Up Cover including coverage for transit to and from a marine dealership for servicing and repair;
  • Marine Electronics new for old replacement up to 3 yrs of age;
  • Fine Art Cover;
  • Temporary Removal and Storage of items from your boat up to $10,000;
  • Food spoilage coursed by a covered occurrence $1,000;
  • Wreck removal and salvage charges covered over and above the sum insured;
  • Tournament Coverage and Yacht Racing Fee Reimbursement up to $2,000;
  • Temporary Emergency Accommodation if you are more than 100km’s from the boats usual mooring location;

Call us today for details about this special product we are offering.