Absa idirect Watercraft Insurance

Absa idirect offers complete seafaring peace of mind with coverage against loss or damage to any motor or ski boat, wet bike, yacht or jet ski up to 12 nautical miles from the coast of South Africa, Namibia and Mozambique.

Absa idirect marine insurance also automatically includes personal liability insurance, which provides protection against the costs of hitting another boat as well as you or any members of your household for legal liability following a watercraft accident, which caused death or bodily injury to other people or damage to their property. This includes legal costs, which someone else can recover from you and which we agree to in order to settle or defend a claim against you.

Absa idirect marine insurance could be the right choice if you:

  • Would like to enjoy fixed excesses, regardless of the nature of your claim
  • Want access to assistance services for 24/7 professional help with medical and other emergencies
  • Would like to be rewarded for not claiming for a period of 3 consecutive years by having 10% of your premiums paid on your behalf, increasing to 15% in the 4th year and 20% every year thereafter
What does Absa idirect marine insurance cover:
  • The hull, fittings, machinery, engines and equipment normally sold as one unit
  • Your boat trailer
  • Loss or damage of outboard motors (provided they were securely attached to the boat)
What events does idirect marine insurance cover against:
  • An accident
  • A fire or explosion
  • A lightning strike and resultant damage
  • Theft and attempted theft
  • Malicious damage to your boat or equipment
The following optional cover is also available:
  • Emergency and salvage charges should an unforeseen event occur
  • Transit insurance - for any damage that might be caused when your boat is on land or being transported
  • Specified risk items insurance for your GPS or fish finder equipment

Contact Absa idirect
Get your insurance quote here

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