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Pleasure Craft Insurance

$100.00

Whilst enjoying the fun of having a pleasure craft, you may not want to forget the potential loss and liability from any accident whilst in the open sea.

 

The pleasure craft insurance provides cover for not only the cost of the Hull, but also potential liability to property and the passengers.

 

In Singapore, it is compulsory to provide a liability insurance when registering your vessel with the Maritime Port Authority.

 

Features
The policy provides various of sections of benefits for the pleasure craft and its accessory equipments, and also several classes of marine liability

 

The territorial limit subject to the surrounding water in view of the experience of the crews and capability of the vessel.

Enhance Your Coverage
Depending on the complexity and territory which you operate, it is important to have sufficeint liability coverage for Third Party and Environmental Liability.

 

Your boat may have an accompanying jet ski, or special equipments which you may want to specifically highlight and insure. The accompanying crews are not Third Party to the vessel and it is important to have a Work Injury or Employer Liability policy to cover them.

 

Additional Personal Accident Insurance can be arranged for the Passengers and the crews. Your vessel may be towed to the sea and you would need to extend the policy to cover land transit risk.

Find a Broker
For more information on Pleasure Craft Insurance, please contact us at:
Email : awg@awginsurance.com

SKU: MA-3 Category:

Product Description

Whilst enjoying the fun of having a pleasure craft, you may not want to forget the potential loss and liability from any accident whilst in the open sea. The pleasure craft insurance provides cover for not only the cost of the Hull, but also potential liability to property and the passengers. In Singapore, it is compulsory to provide a liability insurance when registering your vessel with the Maritime Port Authority.

AWG: Covid19 Announcement

Dear Valuable Clients and Partners, 

Following the suspension of activities at workplace premises under the elevated safe distancing measures announced by the Ministry of Health (MOH) on 3rd April 2020, we would like to announce the following changes to our work so as to continue our service to our customers. 

AWG Insurance Brokers is a key member of the financial service industry and we are exempted from the suspension. We will continue to provide services to our customers, but with the following measures and changes. 

Closure of Office to walk-in Customers. 
We will no longer allow walk-in submission of documents. The office will not be opened to the public and you will need to submit any Original Documents to our Letter Box placed at our office. If Original is not required, we will encourage sending via email. This is to reduce human contacts and reducing the risk of infection. 

Working from home
Our staff and management will be taking turns to work at home. We will have a reduced workforce during this period. Many insurance companies also have their staff working from home. You may still contact your servicer at the DID in their email. 

Premium Payment

We will not be able to receive cash payment from customer and all payment is to be made via Paynow with UEN No : 199002234G, QR Code (reflected on our debit note) and Cheques. Please indicate the policy/policies number that you pay and email to dorcaschoy@awginsurance.com for any funds transfer 

MAS has also announced recently on the availability of premium installment. We have not gotten any update from insurers as of today and will update you soonest once we have any information.  

Claims 
Claim function is probably the most important part of our existence. We continue to assist and advise you on any claims matter. For claims payment, we would advise that you opt for direct fund transfer to your designated account number if the option is available. 

We apologize if there is any inconvenience caused and wish you good health amidst this difficult time. 

Regards