Pleasure Boat Insurance provides cover against loss or damage caused by perils of the sea and other perils, in respect of privatepleasure that do not participate in any commercial activity and are only used by the insured for his private entertainment and amusement.

Insurance cover is provided in accordance with international standards (Institute Yacht Clauses) which among other, include loss or damage caused to the insured pleasure boat arising fromcollision or sinking, as well as from fire andlightning. In addition, third party liability cover is also provided, in respect of passengers and swimmers.