We cover:

• Accidental loss and damage including malicious damage caused to your boat.
• Loss or damage to your boat caused by fire, theft, attempted theft, sinking, weather events and flood.

We also cover:

• Accidental loss or damage to your boat caused when it was being operated by anyone with your permission and who meets and complies with the terms and conditions of your policy, unless that person has other insurance covering the same loss or damage.

We don’t cover:

• Damage to your hull or your motor(s) while racing unless you have extended your cover to include sail boats when racing. See page 12 of the PDS.
• Water skiing and flotation devices, unless you’ve extended your cover to include this. See page 12 of the PDS.

We will cover your liability for bodily injury or accidental death to another person, and accidental damage to another person’s property arising from an incident involving the use of your boat.

We also cover any legal costs incurred in connection with any such alleged liability if we have given our written consent to those costs.

The most we will pay is $10,000,000 for any incident.

We do not cover:

• Your liability for death or bodily injury to your spouse, child or other person normally living with you.
• Your liability if the property damaged is your own or is in your custody or belongs to or is in the custody of your spouse, child or other person normally living with you.
• Death or bodily injury resulting from an incident if at the time of, or immediately before the incident, your boat was on a boat trailer which was attached to a registered motor vehicle.
• Death, bodily injury or property damage arising from any incident if at the time of, or immediately before the incident, your boat was on a boat trailer which was being towed or manoeuvred by an unregistered motor vehicle on a public road.
• Death, bodily injury or property damage arising from any incident caused directly or indirectly by or in connection with any motor vehicle by which your boat is being towed, manoeuvred or is attached.
• Your liability arising out of towing any person(s) or object(s) in the air.
• Your liability arising out of waterskiing activities, sail boat racing or similar unless you have paid an additional premium and extended your cover to include water skiers or sail boats when racing under this policy. See page 12 of the PDS.
• Your liability for death or bodily injury of a person who is employed or contracted by you, or should have been covered by a compulsory compensation insurance.
• Your liability when your boat is being offered for sale on your behalf by another party.

When you claim for loss or damage to your clothing or personal belongings in an incident covered under your policy and we accept your claim, we will pay up to $1500 for you to replace or repair the item(s). We do not cover money, cheques or financial transaction cards.

If we declare your boat a total loss and:

• less than two years have passed since it was first registered, and
• you are the first registered owner (other than the selling dealer if your boat was a new demonstration model),

we will replace it with a new boat and pay the initial registration costs, provided anyone who has a financial interest in your boat (of which we are aware) agrees. We will not pay more than the agreed value for your boat at the time it was first insured with us.

The new boat will be of the same make and model as your boat.

If the new replacement boat is not available in Western Australia, or your boat was not supplied as new in Australia, we may pay the agreed value of your boat at the time it was first insured with us.

For additional information on how we settle total loss claims, please see page 19 of the PDS.

Your boat is covered while in transit by road, rail or ship or on a trailer provided:

• your boat is designed to be towed on the trailer,
• your trailer is registered, and
• the relevant legal requirements for towing are complied with.

If your boat’s motor(s) is submerged in an incident, we’ll pay for the reasonable cost to flush out, clean, dry and oil the motor(s) and dry all other associated electrical equipment and components.

We don’t cover loss or damage to the motor(s) if you fail to take immediate action to clean, dry and oil the motor.

When you replace your boat, we’ll insure your new boat provided:

• You tell us about your new boat within 14 days of purchasing it.
• It’s a boat we would ordinarily insure.
• You pay us any additional premium we require.

Cover will cease for your previous boat when you take delivery of your new boat.

The most we’ll pay for loss or damage that occurs within the first 14 days following the purchase of your new boat is the purchase price of your new boat less any excesses that may apply.

We do not cover:

• Death as a result of suicide or attempted suicide.
• Death if the deceased person was operating your boat without your permission.

When you and your boat are lost and missing, whether or not there has been loss or damage to your boat in an incident, we will pay up to $5000 for fees charged by a government maritime rescue service or organisation to search for and rescue you and your boat.

We do not cover:

• Any ambulance or medical costs;
• Any costs for search and rescue greater than 200 nautical miles from the Australian coastline;
• Any payment or contribution to private individuals who assist in the search or rescue of you or your boat;
• Anything in the ‘General exclusions’ section on pages 13 to 15 of the PDS.

If your boat needs to be salvaged or is accidentally damaged, we’ll pay the reasonable costs to either:

• Remove your boat to safety.
• Minimise loss or damage.
• Destroy your boat and remove debris if you’re required to do so by a lawful authority.