Boat Insurance Glossary

Welcome to our Boat Insurance glossary, select a letter to navigate to our list of available definitions;

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Boat Insurance Definitions beginning with - 'E'

Endorsement

• An endorsement is a temporary boat insurance amendment to provide additional insurance cover for a one-off voyage or personage.

Ensign

• A vessels flag indicating its nationality.

Excess (or deductable)

• An excess (or deductable) is the amount you are responsible to pay in the event of a boat insurance claim.
  
  NB: Often the higher the considered risk the higher the excess tends to be, this is to reduce the cost of your boat insurance policy.