TRANSPORTATION
Pleasure Craft
Whilst enjoying the fun of having a pleasure craft, you may not want to forget the potential loss and liability from any accident whilst in the open sea.
The pleasure craft insurance provides cover for not only the cost of the Hull, but also potential liability to property and the passengers.
In Singapore, it is compulsory to provide a liability insurance when registering your vessel with the Maritime Port Authority.
APPLICATION
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Additional Information
The policy provides various of sections of benefits for the pleasure craft and its accessory equipments, and also several classes of marine liability.
The territorial limit subject to the surrounding water in view of the experience of the crews and capability of the vessel.
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Enhanced Coverage
Depending on the complexity and territory which you operate, it is important to have sufficeint liability coverage for Third Party and Environmental Liability.
Your boat may have an accompanying jet ski, or special equipments which you may want to specifically highlight and insure. The accompanying crews are not Third Party to the vessel and it is important to have a Work Injury or Employer Liability policy to cover them.
Additional Personal Accident Insurance can be arranged for the Passengers and the crews. Your vessel may be towed to the sea and you would need to extend the policy to cover land transit risk.
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Documents Required
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Applicable To
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Case Study
You can always Whatsapp our customer service officers to attend to your insurance needs.
Why Choose AWG Insurance?
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A preferred partner to your insurance needs
AWG Insurance Brokers is a trusted, MAS-licensed broker in Singapore offering tailored insurance and risk management services. With over three decades of experience, we specialise in creating customised professional indemnity insurance that professionals and businesses can count on.
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We’re more than just insurance providers; we are risk advisors. From identifying potential liabilities to selecting the right coverage structure, we work hand-in-hand with you to design a solution that matches your operational risks and regulatory requirements.
Our edge:
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In-depth understanding of multiple industries
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Competitive pricing through access to local and international insurers
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Dedicated claims support and advocacy
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Personalised advice and policy structuring
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When you choose AWG, you choose peace of mind.