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 - 'Y'

Yacht

  • A yacht is any sailing or motorised vessel, used for pleasure cruising and/or racing. Standard types of yacht include ketch, yawl, sloop and schooner. We provide yacht insurance for all types of yacht up to a value of £250k.

Yacht Boat Broker

  • A broker is a person who buys and sells goods or assets for others. Therefore the yacht boat broker is to boat sales what a yacht insurance broker is to insurance sales. They provide a mid-point between the customer and supplier to bring about a contract of trade upon a yacht. See insurance for yacht brokers for more details.

Yacht insurance

  • An insurance policy specifically designed to meet the maritime needs of the yacht owner. Please see our yacht insurance page for more details.

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Be aware that all boat insurance terms herein can be amended without warning and are secondary to any definitions provided in our official boat insurance policy texts.