SANCTUM YACHT COVER
You’ve worked hard to obtain the best that money can buy in life, so protecting your assets should be simple and without compromise. Working with a number of specialist insurers, we have created the ultimate solution for superyacht owners, managers and crew in helping to protect this unique floating asset.
We have simplified the process together with the documentation making it clearer and easier for our clients without compromising on cover. In fact cover has been enhanced which we believe offers one of the best policies on the market. The Sanctum Yacht cover offers an agreed-value policy based on a tried and tested ‘All Risks’ wording, with many extensions and some unique features.
Unlike most insurance solutions, which are static, Sanctum Yacht is continuously evolving in line with events and market forces to provide you, the client, with enhancements and extensions in cover. So if we update the general wording or limits during the policy period you automatically get the benefit of the extra cover.
Sanctum’s Yacht coverage is underwritten by a number of renowned and established marine insurers based in Lloyd’s. As a result, our clients benefit from an A+ rating by S&P and the unique central fund and capitalisation of Lloyd’s. Lead by market-leader Brit, together with partner co-insurers, we can automatically cover superyachts up to the value of EUR 200 million.
Five-star service is important to our clients, so it’s equally important to us. Which is why we have a dedicated and experienced specialist team behind Sanctum, offering yacht owners, insurance brokers and yacht managers the best level of service with fast and knowledgeable responses.