One notable update is the inclusion of coverage for electric water sports equipment, which has seen a surge in popularity. Under the revised PDS, such equipment is now covered for fire, theft, and total loss without the need for specification under accessories, simplifying the insurance process for boat owners.
Additionally, Club Marine has amended liability rules pertaining to professional skippers, crews, and transporters. These changes aim to provide clearer and more comprehensive coverage, addressing the evolving needs of the boating community.
Tim Wiles, CEO of Club Marine, highlighted the significance of these updates, describing them as one of the most important and exciting revamps in the company's 65-year history. He emphasized the goal of not only enhancing coverage but also making interactions with customers more efficient and reassuring.
For Australian boat owners, these policy enhancements offer greater peace of mind and reflect a proactive approach to adapting insurance products to the dynamic boating landscape. Club Marine's efforts underscore the importance of staying attuned to industry developments and customer needs.
