1. Accidents
2. Fire
3. Malicious Acts – but see “Theft Cover” Section below
4. Negligence of any person
5. Theft of the entire Craft – but see “ Theft Cover” Section below
6. Theft of the trailer – but see “Theft Cover” Section below
7. Theft of gear or equipment if stolen following forcible and violent entry to a locked building

   But excludes:

8. Loss or damage resulting from lack of due diligence on your part in the maintenance of the Craft.
9. Wear, tear, depreciation, mechanical or electrical breakdown and damage caused by vermin.
10. The cost of replacing any part which is latently defective or has a fault in design or construction.
11. The cost of rectifying any defect resulting from either negligence or breach of contract in respect of any repair or alteration work.
12. Loss of or damage to personal effects, consumable stores, fishing gear or laid moorings
13. Loss of or damage to engine(s), gearbox(es), electrical machinery, electrical equipment, batteries and connections resulting from,
    1. negligence of any person
    2. latent defect
    3. frost, unless all reasonable precautions have been taken
    4. substances being drawn into the machinery
    5. the failure of any engine cut out device

a.       When at your home and/or the address given as the permanent place of storage your Craft and/or trailer are covered against theft and/or Malicious Acts only following upon forcible and violent entry into a locked building. It is also warranted that the seat/hood of your Craft is stored in a separate locked building. For certain craft models where the seat/hood is not designed to be removed it is warranted that the craft's battery cover instead must be removed and stored in a separate locked building. In the event of theft of the Craft the seat/hood or battery cover must be produced to insurers.

b.       When your Craft and/or trailer are temporarily away from your home and/or from the address given as the permanent place of storage, if the Craft and trailer or trailer without the Craft are left unattended, not in a locked building, cover against theft and/or Malicious Acts will continue to apply provided that the trailer is secured by a wheelclamp, or a substantial security/anti-theft device, and the Craft is also secured to the trailer by means of a substantial security/anti-theft device. If the Craft is not on the trailer and is unattended it must be secured by a substantial security/anti-theft device for cover to continue to apply.

A HITCHLOCK USED IN ISOLATION WHEN THE TRAILER IS NOT ATTACHED TO A TOWING VEHICLE IS NOT ACCEPTABLE.
PROOF OF PURCHASE OF THE SECURITY/ANTI-THEFT DEVICE MUST BE RETAINED FOR PRODUCTION IN THE EVENT OF A CLAIM.

THERE WILL BE NO COVER FOR THEFT WHEN THE CRAFT OR TRAILER ARE AT YOUR HOME AND/OR THE ADDRESS GIVEN AS THE PERMANENT PLACE OF STORAGE AND NOT IN A LOCKED BUILDING.

THERE WILL BE NO COVER FOR THEFT UNDER ANY CIRCUMSTANCES WHERE THE CRAFT AND/OR TRAILER ARE NOT IN A LOCKED BUILDING AND ARE NOT SECURED BY A WHEELCLAMP OR A SUBSTANTIAL SECURITY/ANTI-THEFT DEVICE.

Transit
This Insurance Policy is extended to include transit by land but excludes scratching and bruising and liability to third parties.
Loss or damage caused by loading and unloading is covered and this Insurance Policy also extends to include cover under Section 2 – Legal Liability.

Excess Clause	You will bear the first part of any loss up to the amount shown below:-
	Fire and Accidental Dammage £100 Theft (i) From a Locked Building £250 (ii) Anywhere else away from a locked building the first 10% of the agreed claim settlement figure (Minimum £350) unless otherwise stated. These excesses will be doubled where the person in charge of or using the Craft is not named on the proposal form.

Left Afloat Clause
Excluding any loss of or damage to the Craft or for liability to any third party or for any salvage services caused by the Craft being swamped, sunk or submerged whilst left afloat unattended.

Beaching
Excluding any loss or damage caused by beaching under own power.

Replacement Of Equipment
Deductions on account of new material or parts, gear or equipment replacing old may be made at the Insurers’ discretion in respect of loss or damage. No claim shall exceed the market value of the Craft and/or trailer at the time of the loss or the insured value whichever is the lesser.

Charges
The Insurers will pay for all charges and expenses (up to the market value of the Craft and/or trailer at the time of the loss or the insured value whichever is the lesser) reasonably and necessarily incurred in minimising or averting a loss which would be covered by this Insurance Policy.

Section 2 – Legal Liability
By reason of your interest in the Craft and/or trailer you may be held legally liable for damage, loss of life or injury and this Section of your Insurance Policy indemnifies you for such payment as set out below.

This Section also covers the legal liability of any person (other than a person operating or employed by the operator of a shipyard, repair yard, slipway, yacht club, marina, sales agency or similar organisation), after instruction, using the Craft with your permission.

The limit of indemnity under this Section is £3 million for any one accident or series of accidents arising from the same event. In no case shall the total indemnity exceed the amount shown in respect of one event.

The Insurers will indemnify you or any person using the Craft with your permission, after instruction, against losses resulting from your or their legal liability for:-

1. Death or bodily injury to any person other than you or other than as specified in exclusions (a) to (j) below.
2. Loss or damage to property not belonging to you or a permitted user.
3. Attempted or actual raising, removal or destruction of the wreck of the Craft or any negligence or failure to raise, remove or destroy the wreck.
4. Expenses incurred by you with Insurers prior written consent in connection with official Inquiries and Coroners’ Inquests.
5. Legal costs incurred with the Insurers written consent in defending any action or contesting liability in a Civil Court. Similar legal costs in connection with any criminal prosecution may be considered at the Insurer’s discretion

Exclusions:
The Insurers will not indemnify you or any person using the Craft with your permission, after instruction, against losses resulting from your or their legal liability for:

1. Death or bodily injury in respect of any person employed in any capacity by you in connection with the Craft or similarly employed by any person using the Craft with your permission.
2. Accidents caused by or to waterskiers, kneeboarders, or others involved in activities of a similar kind, including the use of ‘watertoys’, whilst being towed or preparing to be towed by the Craft or until safely back on board the Craft.
3. Accidents caused by or to any person engaged in kiting or other airborne sport whilst being towed by the Craft or preparing to be towed or until safely back on board the Craft.
4. Accidents occurring while the Craft is in transit by mechanically propelled road vehicle, rail, or ship.
5. Accidents involving the trailer except when intentionally not coupled to a towing vehicle.
6. Death of or bodily injury to fare-paying passengers or loss of or damage to their property.
7. Damages or penalties arising solely under a contract.
8. Fines or other penalties imposed under any statutory code or common law in respect of any offence committed.
9. Medical Expenses incurred by you or by a person permitted to use the Craft.
10. Punitive or exemplary damages howsoever described.

Section 4 – Claims and Accidents (General Conditions and Procedures)
Notification

1. In the event of any occurrence which may give rise to a claim under this Insurance Policy notice must be given to the Insurers as soon as possible through RJP Marine.
2. Full details of the occurrence must be given in writing as soon as possible thereafter with names and addresses of witnesses and any third parties and you must give the Insurers whatever assistance and information they may require.
3. You must send to the Insurers via RJP Marine as soon as possible, and unanswered, all claims letters, summonses, writs or documents which you receive from third parties and give the Insurers whatever assistance and information they may require.

Admission To Third Parties
No liability of any sort may be admitted and no undertaking given, nor may any offer or promise of payment be made or legal expenses incurred by you without the Insurers’ written consent. The Insurers shall be entitled if they so wish to take over and conduct in your name any action in respect of claims for indemnity or damages or otherwise involving any third party.

1. In the event of loss or damage which is covered by this Insurance Policy the Insurers will indemnify you up to the market value of the Craft and/or trailer as at the date of such loss or damage or the insured value whichever is lesser.
2. Where the cost of repairs to, or the recovery of, the Craft and/or trailer would exceed the market value at the date of loss or damage or the insured value, whichever is the lesser, the Insurers will pay for a constructive total loss.
3. If the Insurers pay for a constructive total loss, they shall at their option be entitled to take over the remains of the Craft and/or trailer.
4. Insurers may at their option choose to reinstate or replace any part of the Craft and/or trailer which is lost or damaged. Any reinstatement or replacement shall be as close to the original specification and condition at the date of loss or damage as practicable, but it is agreed that they will not be expected to achieve an exact replication. If the Insurers choose to reinstate or replace then:
   1. You must give them all reasonable assistance to obtain such plans, specifications and/or information as may be necessary to do so; and
   2. They will pass to you the benefit of any manufacturers’ warranty, but they will have no liability for any defect in, or failure of, the replacement part.

Unrepaired Damage
In no case shall the Insurers be liable for unrepaired damage in addition to a subsequent total loss sustained during the Period of Insurance shown in the Certificate.

1. If you have obtained cover through the omission, misrepresentation or suppression of any facts, truths or circumstances known to you which could have influenced the Insurers assessment and acceptance of the risk or offer of renewal.
2. If you deliberately omit, misrepresent or suppress any facts, truths or circumstances in support of a claim under this Insurance Policy.

In any such event you shall lose all your rights under this Insurance Policy or any subsequent renewal but the Insurers will nevertheless be entitled to retain the full premium.

Duties as Owner Warranty
It is warranted that you will take all reasonable steps to maintain the Craft in a proper state of seaworthiness and to prevent or minimise any loss or damage.

Assignment Or Transfer Of Insurance
This insurance is a contract personal to you and is not assignable or transferable unless agreed in writing between you and the Insurers.

Sale or Transfer of Ownership
If the Craft or any interest in it is sold or transferred to new ownership then, unless the Insurers agree in writing to continue the insurance, this Insurance Policy shall be automatically cancelled from the time of sale or transfer.

Cancellation
This insurance may be cancelled by the Insurers at any time subject to 15 days written notice to the Policyholder or his Agent, or by mutual agreement.

Upon cancellation by the policyholder a pro-rata return of premium will be allowed under Section 1 (Loss of or Damage to the Craft and/or Trailer). However the Insurers will retain the whole premium applicable to Section 2 (Legal Liability). If a loss is paid during the currency of the Insurance, any return premium will be at the discretion of the Insurer. No return premium will be allowed when a total loss has been paid.

No Claims Discount
In the event of no claims being paid or outstanding at the expiry of 12 months insurance the renewal premium calculated using rates applicable at the renewal date will be reduced as follows:

• By 5% after 1 year
• By 10% after 2 consecutive years
• By 15% after 3 consecutive years
• By 20% after 4 consecutive years