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Pleasure Craft

PIQ8
3.00 CPD Points
Price:
$240.00 +GST Non-member
$196.00 +GST Learning Partner
$150.00 +GST IBANZ Member

Learn Module Detail

Most New Zealanders live close to the water.  It’s no wonder then, that we enjoy not just seeing it, but being out on it.  New Zealanders own over 240,000 pleasure craft of all shapes and sizes.  For this reason, pleasure craft insurance is common and, while many pleasure craft owners insure directly with insurance providers, this category of insurance remains an important product in an insurer’s portfolio.

What pleasure craft insurance cover

  • Who is covered
  • What is covered
  • Common extensions
  • What is not covered
  • Legal liability
  • Where are you covered
  • Claims
  • Underwriting considerations 
 

Objectives


  • Gain an understanding of typical underwriting considerations.
  • Gain an overview of typical pleasure craft insurance covers in New Zelaand.
  • Examine and discuss typical extensions.
  • Discuss typical exclusions.
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