What is comprehensive insurance

Our comprehensive Boat and Personal Watercraft insurance packages are designed so that you can specifically select the insurance cover to suit your boating needs.

We recognise that a boat or Personal Watercraft is often an owner’s most treasured asset and with a mi-boat Comprehensive Marine Insurance Policy we aim to provide the peace of mind that is sought from an insurance solution.

POLICY BENEFITS

The cover and benefits of mi-boat Marine Insurance* include:

• Cover provided for accidental loss or damage including malicious damage to your boat or Personal Watercraft.
• Cover provided for Theft of your boat, personal watercraft and water sports equipment.
• Premium discounts for age and boating experience.
• Agreed value for 2 years on new boats from the date of first registration.
• Watersports equipment up to $1,500 for each item and $10,000 in aggregate.
• Personal effects owned by you and your passengers covering clothing, shoes, waterproof apparel and $1,500 per item and $10,000 in aggregate.
• Up to $50,000 cover to the named insured from an accident occurring when using your boat or Personal Watercraft, for death, permanent and total loss of sight or use of a limb.
• Pay by the month option.
• Agreed value available**.
• Optional Lay-up cover: premium discount for the months your boat or Personal Watercraft is not used**.
• 24/7 emergency claim service.
• 21 day cooling off period.