Boat Insurance Glossary

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

A | B | C | D | E | F | H | L | M | N | P | R | S | T | U | V |

Boat Insurance Definitions beginning with - 'P'

Personal effects

• Personal possessions belonging to you or members of your family permanently residing with you, which do not form part of the vessel & which are temporarily taken on board the vessel for personal use.

Premium

• The core cost of the boat insurance policy to be born by the client. Additional costs that may be incurred besides the core premium are: tax, administration charges and extras (e.g. marine breakdown cover, legal expenses, boat contents cover).