Yacht: Builder’s Risk

Insurances for newbuildings or conversions, usually purchased by the yard, but also by the buyer. Providing all risk cover for marine perils including strikes and lock-outs for the vessel or unit whilst at the yard and during sea trials, until delivery to the buyer.

Builder's Risk - Yard Cover
  • Builder’s Risk & Conversion
  • Delay and Non-Delivery
  • Contract Cancellation
  • War (Waterborne agreement)
  • Guarantee (Special Risk)

Policies can be on either an annual declaration or stand-alone basis for each separate unit, written on all major, internationally recognized conditions.