Hull War Risks Insurance

Products for sailing yachts and motor boats

Policy Summary

Some important facts about your Yacht Hull War Risks Insurance are summarised below. This summary does not describe all the terms and conditions of your policy, so please take time to read the policy document to make sure you understand the cover it provides.
Your cover is valid for a calendar year. The policy will be automatically renewed annually on the existing terms and conditions unless you or the insurers give one month’s notice of cancellation or alteration prior to the annual renewal date.

About your Yacht Hull War Risks Insurance Cover

Features and benefits included automatically	Significant exclusions or limitations	Refer to Policy Section
Covers your boat against loss or damage due to “War Risks” that are excluded under your Hull Insurance, including: War, civil war or hostilities, the presence or use of mines, torpedoes, bombs or other weapons of war, consequences of rebellion, plunder, acts of political violence, civil unrest, strikes or lockouts.	Excludes seizure in owner’s country of origin, or in which vessel is registered. Excludes quarantine regulations or infringement of customs regulations. Excludes expenses incurred due to delays. Excludes listed areas.	Part A 1 Part A 2
Excluded listed areas can be updated when potentially volatile situations arise.	Scope of cover can be cancelled on 7 days notice from insurers, or automatically terminated upon detonation of nuclear weapons, or outbreak of war between UK, USA, France, CIS and China.	Part A 3
Covers your boat against loss or damage caused by seizure, confiscation, misappropriation etc. whilst under order of the State, Public of Municipal authorities.	Excludes any consequential loss, loss resulting from recovery of ownership, or die to any delays.	Part B 1 Part B 2

About your insurers
This policy is underwritten by a group of major European Insurance Companies. The lead underwriter is ACE European Group, Lurgiallee 10, 60439 Frankfurt, Germany, which is a part of ACE European Group, The ACE Building, 100 Leadenhall Street, London EC3A 3BP, UK.

Jurisdiction
The contract of insurance is governed by English Law.

Cancellation right
We hope you are happy with the cover this policy provides. However, you have the right to cancel it within 14 days of receiving the policy, without giving any reasons. If you wish to exercise your right to cancel the insurance, you should return the policy schedule, marked “cancelled”, within 14 days of receipt. We will cancel your policy and return the unused portion of your premium payment – you will be charged for the number of days from the date of issue until the date we receive your notice of cancellation. If you do not exercise your right of cancellation within 14 days, you will be bound by the contractual terms for the 12 months period of insurance.

Making a claim
If you wish to make a claim under this policy, please contact Pantaenius UK Limited
In writing… Marine Building, Victoria Wharf, Plymouth, PL4 0RF, or
By phone… +44 (0) 1752 22 66 12, or
In emergencies out of hours only … +44 (0) 01752 60 11 66

How to make a complaint
We hope you will be pleased with the service we provide. However, if you have a complaint about our service or about a claim, in the first instance please contact Pantaenius UK Limited
In writing… Marine Building, Victoria Wharf, Plymouth, PL4 0RF, or
By phone… +44 (0) 1752 22 36 56
If we are unable to resolve your complaint, you have a right to ask the Financial Ombudsman Service to review your case.

Compensation Scheme
We are informed that the Financial Services Compensation Scheme excludes all contracts of insurance for yachts and their liabilities
PS01/2005(2)
PS04/2005