Thank you for choosing Craftinsure. Craftinsure is an online insurer and so it is intended for this policy to be viewed in electronic format. A definition applies to any word shown in bold italics. To view the definition, simply click on the word. You can also view and download the definitions at www.craftinsure.com.

Governing Law

Your policy is governed by the law that applies to where you reside in the United Kingdom, Channel Islands or Isle of Man.

Relevant to the entire policy

• This policy is an agreement between you, Mr A Sample, and us. It is based on the information you gave to us for the Insurance of 29'er (not XX), “Boat Name”, £150,000, and is in place following payment of the premium for the period DD/MM/YYYY to DD/MM/YYYY.
• This policy is non-transferable.

Definitions:

Click on words when viewing this policy online to see their definition.

Territorial Scope:

Whilst ashore or in transit or afloat on inland and coastal waters of the United Kingdom and Ireland, and for a period not exceeding 30 days in any one period of insurance in Europe

Accidental Damage & Theft cover. What is covered:

We will pay for physical loss or damage to “Boat Name” whilst ashore or afloat, or in transit by road within the UK, Ireland or Europe.

Accidental Damage & Theft cover exclusions. What is not covered:

• The first xxxxxxx of any claim
• Loss or damage due to wear and tear, depreciation, gradual deterioration, or mildew.
• Loss or damage whilst your boat is left afloat unattended.
• Theft of equipment unless following forcible and violent entry, or following removal from your boat by force.
• Theft of outboard motors whilst attached to “Boat Name” unless securely locked by an anti-theft device in addition to it’s normal method of attachment, and unless you have recorded the engine serial number.
• Loss of or damage to Personal Effects
• The cost of making good any defect in repair or maintenance, or replacing or renewing any defective part, or making good any fault or error in design or construction.

Conditions which apply:

• We will pay the reasonable cost of repair for loss or damage not exceeding £150,000 Reasonable replacement or repair may not result in the appearance and condition being the same as that prior to the claim. In the event of total loss or constructive total loss, we will pay £150,000 or at our option, provide a replacement boat of a similar age, size and type.
•  In the event of constructive total loss , we will be entitled to retain any salvage.
•  We will not pay for unrepaired damage in the event of a subsequent total loss.
•  In the event of loss or damage to outboard motors, and only where the serial number is supplied, We will pay the reasonable cost or repair or reinstatement but not exceeding the market value at the time of loss which will be calculated as the new replacement price less a deduction of 10% per year since new, up to a maximum deduction of 70%.
•  We will pay reasonable costs incurred, including salvage, in preventing or minimising a loss covered by this insurance.

Liability to Others. What is covered:

• We will cover your legal liability to compensate other people if someone dies or is injured, or property is lost or damaged as a result of your interest in “Boat Name” up to a limit of £5,000,000 in respect of any one accident (which shall be deemed to include a series of accidents occurring in connection with or arising out of any one event) but unlimited in aggregate.
• This cover will extend, subject to the policy terms and limitations, to any person in charge of Boat Name with your permission, and includes the use of a racing dinghy of the same class and not otherwise insured, whilst on hire or loan to you or a member of your immediate family (normally residing at your address) for events not exceeding 14 days and for up to 30 days in total during the period of insurance, but always excluding liability for loss or damage to the craft on hire or loan.
• We will also pay for law costs incurred in settling or defending any claim providing we have given written consent.

What is not covered:

We will not pay for any liability claims arising from: 

• Liabilities to third parties whilst “Boat Name” is in transit by road (which should be covered by the vehicle insurance).
• Accidents or illness to any persons employed by you in connection with “Boat Name”
• Costs of defending any criminal prosecution, or the payment of any fines or penalties.
• Contractual liability

Exclusions which apply to the whole policy

We will not pay any claims arising from:

• Hire, charter, or any other commercial activity.
• War, invasion, civil war, conflict or commotion, or terrorism
• Ionising radiation, radioactivity, nuclear fuel, nuclear waste or nuclear equipment.
• Any chemical, biological, bio-chemical or electromagnetic weapon.
• Malicious computer codes, or from the failure of a computer chip or computer software
• Wilful misconduct or acts of recklessness by you, or those to whom this policy extends, including but not limited to when under the influence of alcohol or drugs.

Sanctions

We shall not provide coverage to you or any other party to the extent that such cover would violate any applicable trade or economic sanctions law or regulation.

You have agreed:

• “Boat Name” is based in the United Kingdom.
• “Boat Name” will be securely tied down to the ground whilst left in a dinghy park
• “Boat Name” will be maintained in a proper state of repair and seaworthiness, and in the case of trailers, roadworthiness, and that you will exercise due care and diligence in safeguarding your boat and property.

Information you should provide

• It is important that you check the information shown in your policy documentation, as your cover is based on the information you have given us during the application process or subsequently, as confirmed in your most recent documents. Although We may undertake checks to verify your details, you must take reasonable care to ensure all the information provided by you or on your behalf is, to the best of your knowledge and belief, accurate and complete.

You must tell us immediately if at any time any of the information is incorrect or changes. If We have wrong information, this may result in an increased premium and /or claims not being paid in full, or your insurance may not be valid and claims not paid. If in doubt about any information, please contact us as soon as possible.

Changes in information we need to be informed of include, but are not limited to, the following examples and apply equally to all persons covered under the policy:

• Accidents or theft involving a boat, whether or not resulting in a claim
• Convictions or pending prosecutions for any criminal offence
• Make or model of boat, modifications or use of the boat.
• Any health matters affecting your ability to operate the boat

Your insurance may not be valid until we have agreed to accept your changes and we will be entitled to vary the premium and terms for the rest of the period of insurance.

You should keep a record of all information supplied to us in connection with this insurance

Cancellation

• You can cancel this insurance at any time at www.craftinsure.com by accessing your Existing Customer pages of the website, or by emailing us.
• If you have made a claim during the current period of insurance and cancel the policy, there will be no refund of premium. Please refer to the Terms & Conditions on our website.
• You can cancel cover during the first 14 day "cooling off" period, if you haven't made a claim.

Renewal:

In accordance with the Terms & Conditions agreed when purchasing or renewing your policy, We will until further notice charge the credit or debit card registered with us when payments become due. Renewal terms will be emailed to you 30 days prior to the renewal date. We may vary the terms of the policy (including the premium) at renewal. On the renewal date, we will automatically apply for payment of the premium due. Ifyou do not want to renew the policy, provided you tell us or cancel your policy online before the renewal date, we will not renew it.

Accidents and Claims:

Click on the heading "Claims" on our website and complete the online claim form.

• You must tell us immediately about any accidents, claims or legal proceedings in connection with this policy by e-mail to claims@craftinsure.com or by telephoning 0345 2607 999.
• You give us full information of the circumstances of the incident and of all claims made, with names and addresses of claimants and witnesses of the accident, as soon as possible.
• We can decide where repairs shall be carried out and may require a number of quotations.
• No liability shall be admitted, nor any offer, promise or payment made by you, nor legal expenses incurred without our consent. We shall be entitled to take over, and conduct in your name, the defence of any action.
• You must send all claims, letters, summonses or writs relating to any accident to us immediately. We will decide how to settle or defend a claim, and may bring or defend proceedings in the name of any person covered by the policy, including recovery proceedings.
• In the event of any claim arising which is also recoverable under any other insurance, We shall only be liable for our due proportion of such a claim.
• If a claim is false or fraudulent in any way, We will not make any payment and the policy will be void.

Contact us:

Manage your policy at www.craftinsure.com, where you can change your details, boat details or payment method, or submit a new claim or track the progress of an existing claim.

• Claims can be reported using our 24 hour specialist claims hotline 0345 2607 999.

For other matters, contact us at customersupport@craftinsure.com, or call our helpline on 0345 2607 888.

On behalf of Craftinsure Limited trading as craftinsure.com, Underwriting Agents for Navigators & General (a trading name of Zurich Insurance Company Ltd).

Navigators and General is a trading name of Zurich Insurance Company Ltd. A public limited company incorporated in Switzerland. Registered in the Canton of Zurich, No. CHE-105.833.114, registered offices at Mythenquai 2, 8002 Zurich. UK Branch registered in England and Wales no BR000105. UK Branch Head Office: The Zurich Centre, 3000 Parkway, Whiteley, Fareham, Hampshire PO15 7JZ. Zurich Insurance Company Ltd is authorised and regulated in Switzerland by the Swiss Financial Market Supervisory Authority FINMA. Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. Our firm reference number is 959113.