Yacht

Yacht Insurance specialized upon our experience from Marine and Cruise Insurance.

Norwegian Hull Club has transferred the experience and lessons learned from marine underwriting and cruise insurances and put it into our yacht covers. We have implemented the knowledge to the benefit of our growing portfolio of mega yachts. Today NHC provides cover for Super, Mega and Giga Yachts. Our in-house legal and technical expertise enables us to provide the cover and added value any yacht owner may desire. Our unique brand of claims handling and client service promises a commitment to our business partners, guaranteed by professionals dedicated to finding the best possible solutions. 

We can provide:

Hull & Machinery   Loss of Charter Hire - Extended
Total Loss   Construction Risk
War Risk   Innocent Owner
Medical   Builder's Risk
Uninsured Boater Coverage   ROVs and Subsea Equipment
Fine Art   Kidnap and Ransom
Yacht's Cash   Mortgagee's Interest
Personal Effects   Cyber Buy-back
Loss of Charter Hire   Cyber Threat and Extortion

 

 

Yacht: Builder’s Risk

Insurances for newbuildings or conversions, usually purchased by the yard, but also by the buyer. Providing all risk cover for marine perils including strikes and lock-outs for the vessel or unit whilst at the yard and d...

Yacht: Cyber – Clause 380 buy-back

Marine insurance policy wordings ordinarily include the “Institute Cyber Attack Exclusion Clause” [10/11/2003], commonly known and referred to as “Cl.380”:

Yacht: Cyber Threat and Extortion

Cyber-crime is a real and present threat in the digital age. Yacht owners are not immune as the maritime sector faces a multitude of emerging and present cyber extortion threats.

Yacht: Loss of Charter Hire

Loss of Charter Hire insurance covers loss of income following a physical damage to the Yacht, recoverable from the underlying hull & machinery cover.

Yacht: Loss of Charter – Extended

Whereas a standard Loss of Charter Hire insurance covers marine perils and loss due to physical damage to the Yacht, the extended Loss of Charter Hire policy will extend to many other external sources of interruption whi...