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ONLYYACHT

ONLYYACHT

DISCOVER OUR BESPOKE OFFERS ONLYYACHT, AND JOIN A WORLD WERE EXCELLENCY IS NOT JUST A SINGLE WORD.

 

Devoted exclusively to the insurance of luxury yachts, ONLYYACHT is able to source the most attractive products in this highly competitive market and, as an independent broker, to tailor them to your specific needs, delivering the perfect insurance solution for you.

Since its inception, ONLYYACHT has gained a strong reputation within the marine industry for our personal service and client care. With an international team of marine specialists, carefully chosen for their experience and reputation, we have a clear understanding of all your insurance requirements, giving you the assurance that they will be handled with the utmost professionalism.


OUR INSURANCE PRODUCTS:

 

HULL INSURANCE

  • Agreed value policies
  • Increased value cover
  • Extended machinery cover
  • Personal effects / valuables / cash
  • Fine art and antiques
  • Structured no claims and continuity bonuses
  • Layered deductible levels
  • Tenders and other water sport toys
  • War, strikes and confiscation

 

THIRD PARTY LIABILITY INSURANCE

  • Protection and Indemnity (P&I cover)
  • Water pollution
  • Overside activities and general water sports

 

BUILDER’S RISK AND CHARTER RISKS
New builds and major refits. Charter cancellation and curtailment

FINE ART INSURANCE
Insuring art requires a specialist. Based on the depth of our experience, our products are designed to address the specific needs of the collector.

CLAIMS
Our ONLYYACHT Claims team has established links with major marine insurers, loss adjusters and lawyers worldwide, ensuring you the best claims handling and settling. In the event of loss, we can ensure swift communications between all parties involved (salvers, surveyors, port authorities, owners and repairers) thanks to our multilingual network and correspondents throughout the world. For Crew Welfare claims we provide 24 hour, worldwide multi-lingual assistance services provided by an internationally

WELCO CREW WELFARE
Your captain and crew bear full responsibility for the safety and security of your yacht, and they in turn need to know that they are protected by the best insurance cover available. WELCO is fully compliant with the MLC06 regulation (August 2013) and many managers have already upgraded their existing cover to WELCO CREW WELFARE in order to meet their flag state regulations. Our offer provides, in addition to the standard medical expenses coverage, new special features :

  • 2 years’ salary compensation (accident and illness)
  • Routine dental and Routine GP
  • Salary protection
  • Passport indemnities
  • Replacement and curtailment
  • Specialist consultations fees
  • Rehabilitation
  • Fracture benefit
  • Convalescence benefit


In addition to :

  • Medical expenses during and after an accident or illness, alternative care and out-patient benefits
  • Accidental death and disability
  • Daily benefits during hospitalisation
  • Salary compensation after an accident or illness
  • Assistance and repatriation remove
  • Welco also extends to Personal accident, injury or death whilst participating in:
  • Water Sports, Winter Sports, Motorcycle/Scooter riding

 

And further includes :

  • Dental care
  • Optical care
     

Additional advantages provide for 24 hours a day, 7 days a week Assistance.


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