Insurance for Sailing Class Associations

Specialised Liability Insurance for the Sailing industry

Designed for Australian Sailing affiliated Class Associations

Together with Nautilus Marine, Network Insurance Group has developed and tailored liability policies to protect Australian Sailing Affiliated Class Associations against a range of potential exposures at competitively priced rates.

Features of the policy include

• $10 or $20 million in cover
• Underwritten by AIG
• On land and on water world wide coverage
• No sub-limit on Errors & Omissions coverage
• No sub-limit on Property in your Physical or Legal Control which means there is full Marina Liability Coverage included
• Automatic coverage for Libel and Slander
• No exclusion  for waterborne craft (but you are expected to insure your club owned waterborne craft with adequate Third Party Liability coverage). The coverage under our policy is intended to protect you in emergency situations.
• Member to Member coverage.

Club Management Liability Insurance

Designed for Sailing Club Directors & Officers

Management Liability protects the individuals and the Club in relation to the exposures associated with managing a Sailing Club.

In addition to the covers below, cover for insolvency can be made available following your agreement to fully disclose the Club’s financials.

The key elements to the cover are as follows;

Management Liability

• Individual’s defence costs, damages and settlements.
• Public relations expenses.
• Investigation cover (including OHS and pollution).

Corporate Liability

• OHS defence and investigation
• Breach of contract
• Identity Fraud
• Crisis Costs

Employment Practices

• Employment practices liability for individuals
• Third Party harassment/discrimination

Crime Protection

• Acts occurring prior to and during the policy period which are discovered during the policy period.
• Extends to employees, third parties and shareholders.
• Destruction and damage of money or securities.
• Legal fees and reconstitution costs.

Statutory Liability

• Fines and pecuniary penalties against individuals and the company.

Tax Audit

• Tax Audit Expenses

Marine Hull

Yacht, Sailboat & Cruiser Insurance

Protection for your sailing craft

Together with specialist sailing underwriter Club Marine we offer you insurance protection for your Yacht, Sailboat or Cruiser. Get protection in the event of a crisis, such as collision, sinking, fire, storm or theft.

Club Marine can tailor your policy to suit your individual boating needs.

Club Fleet Insurance

Tailored Insurance for sailing clubs needing to insure multiple boats or “club owned boats”. Network Insurance Group will tailor and source a range of competitive quotations to match your clubs risk management requirements.

Off The Beach Dinghies

We are pleased to confirm we have entered into partnership with one of Australia’s most progressive and largest boat insurers Club Marine to deliver an insurance package for owners and sailors of “Off The Beach Dinghies”.

This cover is applicable to trailerable, non-powered sail boats launched off the beach.

Network Insurance Group’s “Off The Beach Dinghy” cover offering is now provided by Club Marine, an Australian insurance agency backed by the strength of Allianz, one of Australia’s largest general insurers. Club Marine actively supports more than 100 yacht clubs, fishing tournaments, boat shows, regattas and volunteer marine groups.

We have worked with Club Marine to develop an insurance package for “Off The Beach Dinghy” owners which may be tailored to suit your boating needs.

Features and Benefits

• Sailboat racing cover up to 100NM race length
• Australia wide coverage
• Australia wide transit cover for boats designed to be transported on own trailer
• Up to $10 Million legal liability cover arising from the use of the boat
• 24/7 emergency claims service

How to arrange cover:

NOTE: For the most competitive pricing, please use Promo Code NTWRKSAIL.

Specialist Regatta Insurance

Cover your yourself and your yacht while in transit and competing overseas

When participating in racing events it is often a requirement for entry that you and your vessel have public liability insurance. Our specialist regatta cover provides a minimum of $AUD 10,000,000 in public liability cover worldwide.

The policy Covers

• Loss or Damage to the insured yacht whilst:
  • It is in transit by sea and/or land conveyance
  • It is racing excluding ocean/bluewater racing
• Legal Liability to Third Parties up to $10,000,000

Please note that there is no renewal of this insurance available, should an extension of cover be required, or new cover be required, you will need to reapply.

Acceptable off the beach dinghy classes

Please note the below acceptable Off the Beach dinghy classes for Overseas Transit and Racing Cover:

If your boat is not listed above list please contact us for a quote and acceptance.

To arrange cover

Our application form is being updated. For more information on getting covered:

• Please call us on 8420 8700 or
• Email us at sailing@networksteadfast.com.au

Travel Insurance tailored for Racing

Unlimited medical expense cover for Australian Sailing Members whilst participating in racing events overseas.

• Exclusive to Australian Sailing Affiliated Club Members
• Cover for Racing events in Australia or Overseas
• In partnership with AIG - Pay online and get instant cover

Exclusive to members of Australian Sailing Affiliated clubs

Most Travel Insurance policies generally exclude any cover for personal injury/emergency costs whilst participating in any type of sport ‘Racing’.

The Network Insurance Group Travel Insurance Policy arranged via AIG Insurance is specifically designed to provide unlimited medical expense cover for Australian Sailing Members whilst participating in Yacht Racing events overseas.

Get a quotation & place cover online

All policies placed through our AIG portal will automatically include endorsement from AIG to cover approved Yacht Racing events. Please read full conditions below.

Special policy coverage conditions

1. This policy will not cover Third Party Liability attaching to a waterborne craft. Should this cover be required, we recommend you arrange this under our overseas Yacht Insurance Coverage detailed elsewhere in our website. Should you charter a boat overseas and require Liability cover, we recommend you arrange boat insurance coverage for the minimum sum insured on the hull as this will provide $5M Third Party Liability Cover.
2. The Policy Wording is endorsed to note the following:
   Notwithstanding anything contained in the AIG’ Annual, International and Domestic Travel Insurance Combined Product Disclosure Statement and Policy Wording [PDS JM 10/00237 [RB]] [“Policy”] to the contrary, the reference to “…racing other than on foot…” in “C) LOSSES NOT INSURED UNDER ANY SECTION OF THIS POLICY” C3 of the Policy, does not apply to Your Participation in an organised yachting race where such yachting race:
   • has been organised by or sanctioned by WORLD SAILING or

   one of

   • WORLD SAILING’s Member National Authorities, including but not limited to Australian Sailing Limited; and
   • does not involve vessels that are primarily powered by an engine; and
   • does not involve racing more than 20 nautical miles offshore; and
   • is conducted in weather conditions that the vessel is designed for and does not involve any racing between sunset and sunrise; and
   • is conducted in accordance with the organiser’s guidelines and requirements and the instructions of the organiser are followed at all times.

   Provided always that:

   • You wear appropriate safety gear (including but not limited to life jackets) at all times  during the yachting race; and
   • the cover provided by this Endorsement does not apply to the insurance provided by this Policy under “K) YOUR  LIABILITY FOR CAUSING LOSS OR DAMAGE TO PROPERTY, INJURY OR DEATH”.

   Provided further that the cover provided by this Endorsement only applies during Your Participation in the organised race itself and does not  apply to:

   • any other racing; or
   • any other travel by sea vessel; or
   • any other travel in international waters in a private sail vessel or privately registered sail vessel

For the purposes of this Endorsement, “Participation” is defined as participation in the usual preparation for the race, including but not limited  to, briefings, course familiarity sailing and practice races. However, “Participation” does not include training or practice for the race that is not directly arranged by the race organisers in affiliation with the planned race.

3. There is no renewal of this insurance available, should an extension of cover be required, or new cover by required you will need to reapply.
4. Please read our Financial Services Guide (PDF format)