M&P Insurance Solutions has developed policies in this specialist area of insurance aimed at luxury yachts, with a value in excess of $5,000,000 USD. Due to the international nature of these assets, policies can be arranged on a worldwide basis.
Typically, these policies provide full value cover for the hull as well as any tenders. They can also include cover against war risks, as well as third party liability including coverage for pollution. Extensive covers for crew and guest personal accident and medical cover can also be offered.