You/your/yours = the policyholder
We/us /our/ours = craftinsure.com
"Your Boat Name" = The boat herself, her machinery,
tender(s), trailer(s), gear and equipment as would normally be sold with the
Europe = European Union member states as well as Norway and
Local Club Racing = Racing at events organised by and held
at a club local to you, and of which you are a member.
Marina = A secure and sheltered mooring complex providing
controlled access to berths and pontoons. Excluding facilities with floating or
Racing = Participating in any organised competitive event
with a designated start and finish; speed tests and connected trials.
Seaworthiness = constructed, maintained, and crewed in such
a way as to be able to operate safely and be fit for use within the Territorial
Scope stated in the policy.
Terrorism = The use or threat of violence or force to
influence government or to intimidate the public for the purpose of advancing a
political, religious or ideological cause.
Total Loss = Where your boat is irretrievably lost or destroyed.
Constructive Total Loss = Where the cost of replacement or repair will exceed the total sum insured.
Unattended = When you, or someone appointed by you, is not
in a position to monitor the boat and be able to go to her immediate aid when
Contractual liabilities = Liabilities assumed under
contract, incurred solely by an agreement entered into by you.
Kill cord = An engine cut out device specifically designed
to stop the engine automatically when the helmsperson moves away from the
controls. The killcord must be attached securely to the helmsperson before the
engine is put into gear.
Personal Effects = any items normally worn or carried about the person; including items of your guests or crew members while aboard