Motor Yacht Insurance: Key Features
Posted by:GJW Direct | November 02, 2023
Taking a trip out on your motor yacht is a wonderful experience, where you can escape the stresses and strains of everyday life and spend time in the setting you love the most - out on the water.
The freedom and relaxation you can experience on your motor cruiser are second-to-none, so it’s important that nothing gets in the way of this. Be prepared, as best you can, by having motor yacht insurance - this may be the answer to making sure you get the most out of your cruises.
Key Features of a GJW Direct Motor Cruiser policy
GJW Direct provides specialist cover for your motor cruiser. It doesn’t matter if you’re offshore or onshore, you can have comprehensive motor cruiser insurance with GJW Direct.
This could be the first time you are purchasing insurance or it could just be that you’re on the lookout for a different provider, either way, our policy could be of interest to you.
With over 195 years of marine insurance experience, you can be sure to receive an expert welcome from our team of friendly and knowledgeable professionals. There is a range of features on offer with a GJW Direct motor yacht insurance policy, here are just a few…
- No excess to pay on claims for loss or damage caused by an untraceable third party
- Agreed value - in the event of a total loss claim, we will pay the value of your vessel originally agreed upon taking out your policy
- 0% Finance - we offer interest-free annual payment plans on direct debit policies over £100.
- Protected no-claims bonus
- Third-party liability (£5,000,000)
- Legal protection cover (£25,000)
- Medical expenses cover (£1,000)
- Personal accident cover(£20,000 for one person and £40,000 for any one event)
- 24-hour emergency claims helpline
- Simple online claims procedure
- Excellent financial security via the Munich Re Group
- Friendly personal service
- 24-hour access to all of your policies and documentation in your online account
- Receive exclusive discounts from a range of recognised marine brands via MyBoat, as a GJW Direct policyholder
If you choose to buy insurance with GJW Direct, your policy also has* a range of fantastic features, including for those who keep their vessel in a marina, as they will be entitled to Special Endorsements as part of our Marina Scheme.
*Always check your own policy to see what is included and what you are eligible for. Cover is subject to exclusions and limitations.
On top of this, our customers will also receive the additional bonus of having full access to our digital boat management system, MyBoat. This free organiser is simple to use and is the perfect place for storing all of your boating documentation, safely. It is also possible to individually tailor MyBoat to your specific needs.
Are you a motor yacht owner looking for comprehensive boat insurance for you? Find out more below…
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