What's covered

We offer comprehensive insurance for watercraft such as motorboats, ski boats, jet skis and Wetbikes, including the hull, outboard motors, machinery, equipment, standard fittings and accessories normally sold with the watercraft.

What's not covered:

Reasonable costs incurred for storage, safeguarding and removal of the watercraft.

Salvage costs incurred for the recovery of the watercraft, with written consent from Santam.

Reasonable cost incurred towards returning watercraft to normal stowage after repairs, following due authorisation.

Emergency costs that you are liable to pay to any public authority for loss or damage to the watercraft.

Emergency repairs following loss.

What’s not covered:

Houseboats used as a permanent residence.

Craft let out for hire or charter.

Racing or speed tests/trials.

Kiting or other airborne sports while being towed.

Outboard motors and accessories may not be insured without the watercraft (hull).

Self-built craft may only be accepted with a seaworthy certificate and valid registration document.

Commercial use i.e. charter, cage diving, commercial fishing.

Total insured amount exceeding N$500 000 (hull, outboard motors and specified accessories combined).

Hull lengths exceeding 8m.