Yacht and Boat Insurance ACE Group

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Yacht and Boat Insurance ACE Group Powered By Docstoc
					                                                   From ski boats to large                                       Marine Expertise and Dedicated Service



                                                                                                                 ACE’s experienced staff of marine insurance professionals, many
                                                   luxury yachts – and all                                       of whom are boaters themselves, will help manage all aspects
                                                                                                                 of your yacht and boat insurance and assist with the individual

ACE Yacht and Boat Insurance                       those in between – you’ll                                     requirements you may have. And if you do suffer damage or a
                                                                                                                 loss to your vessel, our dedicated marine claims specialists will                                         ace recreational
                                                                                                                                                                                                                           marine insurance
                                                                                                                 be there to expedite the settlement process for you.
Please complete the enclosed Marine
                                                   want to be covered by                                         Along with superior service and insurance protection, ACE’s
                                                                                                                 customers benefit also from our comprehensive loss control
Insurance Request form and return                  the nation’s oldest marine                                    services. ACE is a leader in promoting maritime safety and our
to one of our independent agents or                                                                              team of highly qualified marine surveyors, engineers and loss
                                                                                                                 control experts are available to assist customers with marine
brokers. They will promptly provide you            insurance provider.                                           surveys, technical questions and in some cases, onboard
with an ACE insurance quote for your                                                                             consultation.

yacht, boat or personal watercraft.                                                                              We invite you to discuss ACE’s outstanding coverage and service
                                                   Protecting boaters and their                                  with one of our marine insurance specialist agents or brokers.
                                                   vessels, whether they are 20
                                                   or 200 feet in length, requires
                                                   sophisticated knowledge,
                                                   experience and a degree of
                                                   creativity. ACE Recreational Marine
                                                   Insurance® has all this and a more
                                                   than 200-year history that began
                                                   in 1792 when our predecessor
                                                   company wrote the very first
                                                                                                                 ACE Recreational Marine Insurance is a member of the ACE
                                                   marine insurance policy in the                                Group, one of the world’s largest property and casualty insurance
                                                   United States.                                                organizations. The ACE Group of Companies provides a diversified
                                                                                                                 range of insurance and reinsurance products and services
                                                   Since then, ACE has been              Ski Boats               through operations in nearly 50 countries around the world.
                                                   a pioneer in offering marine
                                                                                         Personal Watercraft
                                                   coverages suited for all sizes
                                                   and types of pleasure yachts          Cruisers
                                                   and boats.                            Sport Fishing Vessels
                                                                                         Sailboats                           ace recreational
                                                                                         Select Charter Boats                marine insurance                                                                             Yacht and Boat
                                                                                         High Performance
                                                                                                                 ACE Recreational Marine Insurance                                                                        Insurance
                                                                                                                 436 Walnut Street, WA11F
                                                                                         Vessels                 Philadelphia, PA 19105

                                                                                                                 ACE Recreational Marine Insurance is the marine marketing and underwriting division of ACE USA,
                                                                                                                 the U.S.-based retail operating division of the ACE Group. Insurance policies issued by ACE are
                                                   We cover your boating lifestyle – whether it’s                underwritten by the insurance companies of ACE USA that are rated* A+ (Superior) by A.M. Best
                                                                                                                 Company and A+ (Strong) by Standard & Poor’s. *Company ratings as of October 1, 2010.

                                                   cruising, water skiing, entertaining or fishing –             This summary of available coverages is intended as general information and is not intended to
                                                                                                                 amend, alter or modify the actual terms or conditions contained in any policy of insurance or its
                                                   contact a local ACE agent today for details.                  declarations. Exclusions and limitations may apply to some losses. Coverage may not be available
                                                                                                                 in all states. Coverage is governed solely by the terms and conditions of the policy itself. Insurance
                                                                                                                 buyers should consult their agent, broker or other insurance professional if they have questions
                                                                                                                 about their insurance needs.

                                                                                                                 617058      10/2010
Policy Coverages                                                                                                                                                                                                                                               Marine Insurance Request
                                                                                                                                                                                                                                                               Please mail back to the address shown on reverse side.
Our policies have long been considered the standard by
which others are measured, and our Yachtsman/Boatsman®
                                                                                                                                                                                                                                                               Applicant Information
Policy provides the most comprehensive coverages along
with unique benefits and features, including:
                                                                                                                                                                                                                                                               City                                           State          ZIP
Agreed Value Coverage – We pay the entire agreed amount, with            Personal Property & Fishing Equipment Coverage –                                                               Additional Advantages of being an ACE Customer                         Phone Number                                                  q Home       q Work
no deductible, for a total loss.                                         Protection is automatically included for the clothing, personal                                                To further satisfy your every marine insurance need, we
                                                                         effects and fishing gear of the boat owner and guests.                                                         also provide such advantages as:                                       Best time to call                              q AM    q PM
Replacement Cost Loss Settlement – Repair or replacement of              Optional higher limits are available.
covered property is paid for without deduction for depreciation for                                                                                                                                                                                            E-mail Address
                                                                                                                                                                                        •	 Among	the	Most	Liberal	Navigation	Limits
most partial losses.                                                     Search & Rescue / Emergency Services Coverage –                                                                                                                                       Expiration Date of Current Policy
                                                                         Expenses incurred by an insured in relation to a governmental                                                  •	 Convenient	Electronic	Payments	by	Credit	Card	or	Direct	Debit
Liability Protection – Limits of coverage to suit your personal          unit such as the USCG that provide emergency aid and
needs, including: legal defense costs, pollution and contamination                                                                                                                      •	 Premium	Discounts	for	Qualifying	Customers
                                                                         assistance, are included for no additional charge, up to a
coverage, wreck removal and Jones Act coverage for paid crew.            $10,000 limit.                                                                                                 •	 Access	to	Informational	Website	with	Boat	Safety                    Watercraft Information Year
                                                                                                                                                                                           and Maintenance Tips
Medical Payments – Reasonable medical and related expenses               Towing & Assistance – Our policy includes this coverage,                                                                                                                              Year Built
are included for all those onboard, or boarding or leaving the           with optional higher limits available.
covered vessel. These benefits are provided on a per person basis,                                                                                                                      ACE Programs and Endorsements                                          Length
rather than per occurrence. Optional and customized limits are           Tender/Dinghy Coverage – We automatically include this                                                         ACE has designed a variety of programs and endorsements to             Manufacturer
available.                                                               protection, with optional limits and deductibles available.                                                    serve the precise insurance needs of yacht and boat owners.
Uninsured Boater Coverage – Pays for bodily injury to persons            Trailer Coverage – Optional protection is available with a low                                                 Yachtsman/Boatsman® Policy                                             Hull Material
aboard the insured watercraft who are injured by an uninsured            deductible.                                                                                                    Comprehensive, all-risk and agreed value protection for a wide
owner or operator of another vessel.                                                                                                                                                    range of yachts and boats.                                             Storage/Mooring Location
                                                                         Boat Show & Demonstration Coverage – We automatically
Oil Pollution Act of 1990 (OPA Coverage) – If you purchase               provide this coverage, at no additional charge.                                                                Partial Loss Actual Cash Value Endorsement to
Liability coverage, our policy provides coverage in addition to the                                                                                                                     Yachtsman/Boatsman® Policy
Liability limit up to the required OPA statutory limits, regardless of   Automatic Coverage for Marinas as Additional Insured –                                                         An economical alternative that offers significant savings to           Engine(s)
the amount of the Liability limit chosen. If the OPA statutory limit     Marinas, yacht clubs and similar facilities where insureds keep                                                those who want to protect their vessels fully with agreed value
                                                                                                                                                                                        protection in the event of a total loss, but opt for an actual cash    Number of Engine(s)
is increased in the future, our policy will automatically increase the   their vessels are included automatically as Additional Insureds.
applicable OPA limit to match the new higher statutory limits.                                                                                                                          value (ACV) option for partial losses.                                 Fuel Type
                                                                         Hurricane Haul-Out Coverage – Included automatically at
                                                                         no additional charge, clients residing in storm-prone areas are                                                Paragon Yacht Endorsement to
                                                                                                                                                                                                        SM                                                     Horsepower (CCs if PWC)
Marine Environmental Damage Coverage – Protection is
automatically provided up to $10,000 per occurrence, for fines           provided with coverage for haul-out and storage fees when                                                      Yachtsman/Boatsman® Policy
and penalties for marine environmental damage, as defined by the         necessary to protect an insured yacht during a named storm.                                                    Designed	exclusively	for	finer,	high	quality	vessels	valued	between	
policy terms. This coverage limit is in addition to the insured’s                                                                                                                       $1 million and $5 million, providing many additional benefits.
                                                                                                                                                                                                                                                               Insuring Amount
applicable Liability and OPA limits.                                                                                                                                                    Elite Yacht Program®
                                                                                                                                                                                        Superior coverage with unique benefits for larger luxury vessels       Desired Insuring Amount (Boat and Engine(s))
Federal LHWCA – When Liability coverage is purchased, coverage
                                                                                                                                                                                        valued at more than $5 million, including many deductible-free
is automatically provided for those employed aboard the vessel
who are within the jurisdiction of the Federal Longshore and Harbor
Workers’ Compensation Act.                                                                                                                                                              Personal Watercraft Policy                                             One of our experienced ACE marine insurance representatives will contact you with a no obligation quote.
                                                                                                                                                                                        Competitively priced coverages for a range of models.
                                                                                                                                                                                        Performance Boat Policy

                                                                                                                                            Photo provided courtesy of Spencer Yachts
                                                                                                                                                                                        Designed	to	cover	higher	speed	vessels	that	exceed	55	mph.
                                                                                                                                                                                        Charter Policy
                                                                                                                                                                                        Six-Pac and other occasional charters may qualify for this
                                                                                                                                                                                        coverage, and a more affordable Departure Charter PolicySM
Whether you’re interested in coverage for a large                                                                                                                                       is also available that provides actual cash value benefits.
yacht or small runabout, or a policy to cover pleasure,
corporate or occasional charter use, ACE can offer                                                                                                                                      Please contact one of our independent agents or brokers
the protection you need.                                                                                                                                                                for more details, or visit www.acemarineinsurance.com
                                                                                                                                                                                        to learn more.

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