yacht insurance malaysia

Australia & New Zealand

Middle East

North america, pacific islands.

Marine Insurance

Cover for marine cargo, hull and liabilities (including p&i).

In the dynamic world of shipping and trade, there are multiple risks that may disrupt your business.

For more than 100 years, we have been providing marine clients with innovative products and services to help identify and manage these risks. As part of a worldwide insurance group, QBE has the expertise and experience to provide you with comprehensive, viable and affordable solutions.

As a specialist marine insurer, QBE’s coverage is broadly classified into the following classes (with various sub-classes):

• Marine cargo
• Marine project cargo and delay in start-up (DSU)
• Marine hull
• Pleasure craft
• Fixed premium protection and indemnity
• Marine liability

Pleasure Craft Insurance

For recreational sailors, the sea promises both freedom and adventure, including various perils that may place you or your yacht at risk.

With QBE Pleasure Craft Insurance, you can enjoy your time on the water while leaving the risks of dealing with unexpected problems and accidents to QBE. We can help protect you against physical loss of or damage to your pleasure craft, including cover for any liabilities related to third-party injuries or property damage.

British Marine P&I (Asia)

The British Marine office in Singapore, along with our colleagues in London, specialise in the underwriting of P&I insurance for owners of small to medium-sized merchant ships specialist craft, and fishing vessels operating in the region. In being served by an independent A+ S&P rated Insurance company, clients can feel secure in the knowledge that the premium they pay will not be subject to unbudgeted additional premium charges and that claims and underwriting are driven by the provider and not by reinsurers.

We offer fixed cost insurance backed by Standard & Poor's ‘A+’ rated security, whilst maintaining the tradition of mutual insurance in providing a high level of service to all our clients.

For more information, you can also visit the British Marine website  www.britishmarine.com or contact us: [email protected]

Downloads for this product

• NM Motor Risks - Notice Of Claim

Policy Wordings

• Aircraft Insurance Policy Wording
• GIT Annual Policy Wording
• Marina Operators Liability Clauses
• Marine Hull Policy Wording
• MOC Policy Wording
• Marine Professional Negligence Policy Wording
• QBE Transport Operators Liability-Policy Wording
• Shiprepairer Insurance Policy Wording
• Stevedores Liability Policy Wording

Important Notice: The above only serves as a general description of our products and services. For full product details and coverage, please check with your local insurance broker or a QBE authorised agent.

• Chubb in Malaysia
• Corporate News
• Malaysia News
• General enquiry form

Marine Hull & Specialty Insurance

Our heritage of offering dependable Marine insurance products makes us one of the leading providers of specialist hull and cargo products, with a broad range of covers for vessel owners, managers, charterers, financiers and shipbuilders across Asia Pacific. Depending on your needs, you can purchase specialty insurance to cover hull and machinery, war risks, specialized vessels, pleasure craft and loss of hire, among others.

Coverage Highlights

• Hull & Machinery cover against physical loss or damage due to sea and waterborne perils
• Shipbuilding risks arising from fire, physical losses during constructions and launching, and collisions during sea trials
• Mortgage Interest cover for Financiers
• Marine Liabilities such as Shiprepairers and Port Operators Liabilities
• Customised risk management solutions
• Extensive Hull and Marine Liability products
• Strong focus on building long-term client relationships
• Experienced Marine underwriters
• Tailored coverage as required
• Internationally recognized wordings
• Worldwide network of claims expertise

Please refer to the policy contract for the full details of benefits, terms and exclusions that are applicable. The information provided here is a brief summary for quick and easy reference. The exact terms and conditions that apply are stated in the policy contract.

Chubb’s Marine Logistics Pillar was awarded the ‘Underwriting Initiative of the Year’ in the InsuranceAsia News Awards for Excellence 2021.

Forms and documents.

Marine Hull – Hull & Machinery

Marine Hull – Yacht / Pleasure Craft

Have a question or need more information?

Contact us to find out how we can help you get covered against potential risks

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Employee Benefits

• Employee Benefits Consulting
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• Private Clients overview
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Don't see a country you're looking for?

Together with our partner brokers, we are part of a global network so whether you’re a multinational looking for a broker that’s truly global, or a smaller business looking to insure your local needs, we can help you.

Marine Hull

If you’re building, owning, consulting or operating at sea, you need a marine hull insurance partner with an in-depth understanding of the issues you face. howden brokers take the time to get to know individual businesses, vessels and fleets; taking a hands-on personal approach means we can arrange quality cover at a cost-effective price. .

The Howden Specialty Team has the market knowledge, relationships and broking expertise to cover any marine hull risk, regardless of size or complexity.  

Hull & Marine Liabilities for all types of tonnage and exposures

• Hull and machinery 
• Disbursements (increased value, freight etc.)
• Loss of hire
• Charterers’ liability
• Charterers’ default
• Machinery deductible
• Protection and indemnity
• Towage risks.

Policy highlights   

1. All risk cover

Cover for total loss, damage repairs, salvage costs, general average contributions, sue and labour and certain other liabilities. 

2. Competitive terms, regardless of the age of the vessel  

We specialise in finding the right insurer for you, no matter how old your boat. 

3. Negotiated low deductibles

We can arrange claims deductibles to suit your needs.

4. Assisted claims management  

Taking the pain out of claims, always on your side. 

5. Risk management planning and support 

Our proprietary surveys and benchmarking tools help you cut risk – and present you in the most sympathetic way to insurers.  

We believe that our role is more than just protecting our clients from risk. As your risk consultants, we exist to empower you to grow your business by removing risk obstacles - the emphasis is always on the quality of cover, ready to stand strong when you need it most.   

Also available as Takaful

All of our risk management solutions are available as Shari'ah compliant Takaful. Speak to our specialist Takaful consultants today.

We're always here to help

Let's talk...

+603 9213 0606 

We'll put you in touch with the person best equipped to help.

Call us on  +603 9213 0606  or drop us a quick message and we'll get back to you asap

Visit us at: Level 27, Menara Etiqa No. 3 Jalan Bangsar Utama 1, 59000 Kuala Lumpur

Privacy policy

marine insurance

Marine hull insurance.

marine hull insurance is marine insurance that is designed to indemnify the shipowner against loss of or damage to ship and liability of shipowner arising from maritime perils which include perils of the sea such as heavy weather, stranding or collision, and other similar perils.

Policy highlights, key coverages.

• Perils of the seas, rivers, lakes or other navigable waters
• Fire and explosion
• Violent theft by persons from outside the vessel
• Breakdown of or accident to nuclear installations or reactors
• Contact with aircraft or similar objects, or objects falling therefrom, land conveyance, dock or harbour equipment or installation
• Earthquake, volcanic eruption or lightning

insurance products you may be interested in

Marine cargo insurance.

seller’s interest insurance

bill of lading insurance

trade credit insurance

goods in transit insurance

full outturn guarantee insurance

PERLINDUNGAN DAN INDEMNITI MALAYSIA

• Protection and Indemnity Insurance
• Download Claims Form

Vessel Search

Our coverage, crew & passenger liability.

Personal injury, loss of life claims in respect of crew members and third parties on board for the operation of the ship besides hospital, medical, funeral and repatriation expenses. This also extends to cover abandonment of seafarers

WRECK REMOVAL LIABILITY

Liability and costs of compulsorily removing, destroying or marking the wreck. Liability arising out of the ship causing an obstruction

THIRD-PARTY PROPERTY DAMAGE (FIXED AND FLOATING OBJECTS)

This covers liabilities arising from damage to fixed and floating objects excluding collision of ship

POLLUTION LIABILITY

Oil spills from, or caused by, an entered ship resulting in pollution of sea, land or air

Latest News, Insight

New service tax rate effective 1st march 2024, p&i malaysia: projection – 2024, discussions on the implementation of p&i insurance in malaysia and briefing on domestic shipping license, p&i malaysia won best “marine insurance” sme and entrepreneurs business awards (seba) 2023.

• Vision & Mission
• Marine Protection & Indemnity
• Step by Step Claim Guide
• Download Claim Form
• Notify a Claim

Pleasure Craft Insurance

Protect your valuable asset now supported by pacific prime singapore, max capacity：12, about the yacht insurance / pleasure craft insurance.

Save the hassle of seeking multiple yacht insurance companies for the best deal! After submission of the form below, we will gather the best quotes and get back to you within 5 business days.

The Maritime Port Authority of Singapore requires all yacht owners to have an insurance policy before they can issue a pleasure craft license. You may  click here  for more information on their website.

This yacht insurance offers you coverage as a craft owner and as an operator of your craft (eg yacht/cabin cruiser/jet ski/speed boat/sail boat/catamaran) for own leisure and private usage. The insurance coverage also includes physical loss of and/or damage to your craft and/or your legal liability to their parties.

The yacht insurance does not cover wear and tear. You may be interested in our  Transhield Marine Covers  for that.

All insurance quotes are supported by Pacific Prime Singapore.

Benefits at a Glance

Physical loss/damage.

(Image grab from yachtharbour.com regarding an accident in Mallorca. For the full report,  click here .)

Covers loss of or damage to your insured craft caused by:

• Perils of the seas
• Contact damage with dock or harbor equipment or installation, land conveyance, aircraft or similar object or objects falling therefrom
• Earthquake, volcanic eruption or lightning
• Accidents in loading, discharging or moving of stores, gear, equipment, machinery or fuel*
• Explosions*
• Malicious acts*
• Theft of entire insured craft or her tender boats*

*provided it is not resulting from want of due diligence by the insured owner

Legal liabilities to third parties

Covers your legal liabilities as owner whilst operating your insured craft resulting in:

• Loss of or damage to third party vessel or property as a result of collision
• Damage to dock or harbor equipment or installation as a result of contact by your craft
• Loss of life or injury to third party or illness, including payments made for life salvage, caused on or near the vessel or any other vessel
• Removal or wreck costs
• Legal costs incurred subject to our prior consent/approval

To register your interest, please fill in as much details as possible in the form below and our consultant will get back to you:

PARTICULARS OF OWNER / INSURED

Yacht/Cabin Cruiser/Jet Ski/Speed Boat/Sail Boat/Catamaran/Inflatable Boat/Others

Marina berth/ Pontoon/ Alongside/ Forte & Aft/ Swinging mooring/ Ashore in Compound/ Trailer/ Cradle/ Tender to parent craft/ Dry stack

(eg countries, waters and islands)

Accepted file types: pdf, Max. file size: 10 MB.

Introduction to Marine Insurance in Malaysia

What is the source of Marine Insurance law in Malaysia?

What type of risks are there in marine insurance, what other risks are typically covered by marine insurance contracts concluded in your jurisdiction and what ships are insurable, how are the insurance agreements implemented, are there any other forms of protection for ship owners, what are the type of insurance policies available under a contract of marine insurance, what is the right of subrogation which is open to an insurer, what is reinsurance, this article is written by our principal associate, chakaravarthi, related articles  , introduction to the legal and regulatory canvas of the malaysian petroleum industry, law of the carriage of goods by sea (part 17), law of the carriage of goods by sea (part 16), law of the carriage of goods by sea (part 15), law of the carriage of goods by sea (part 14), law of the carriage of goods by sea (part 13), law of the carriage of goods by sea (part 12), law of the carriage of goods by sea (part 11), law of the carriage of goods by sea (part 10), law of the carriage of goods by sea (part 9), law of the carriage of goods by sea (part 8), law of the carriage of goods by sea (part 7), law of the carriage of goods by sea (part 6), law of the carriage of goods by sea (part 5), law of the carriage of goods by sea (part 4), questions we're here to help.

New and Pre-Loved Yachts for Sale in Langkawi Island - Malaysia

• Monohulls for Sale
• Multihulls for Sale
• Powerboats for Sale
• Garcia Yachts
• Allures Yachting

Yacht Insurance

• Malaysian Registration
• Yacht Delivery

Insuring your yacht is a critical part of yacht ownership and here we outline your options to get the widest and most cost effective insurance cover. Many people request just third party insurance to cover themselves in marinas where it may be obligatory but they have not always been able to obtain this. However, with policy premiums at competitive rates of the sum insured, many of our clients have gladly obtained full vessel insurance together with a third party element at an attractive price.

Another specialty is kidnap and ransom, the kind of policy you may not have thought of when navigating international waters!

Here in Malaysia, we work closely with Jardine Lloyd Thompson Asia www.jltasia.com

JLT, one of the leading insurance brokers in Malaysia, is a member of Jardine Lloyd Thompson Asia, which in turn is a wholly-owned subsidiary of Jardine Lloyd Thompson Group plc, a global market leader in insurance and reinsurance broking, risk management and consultancy services.

At JLT, they are committed to providing unparalleled service. JLT can provide you with comprehensive and competitive terms to match your needs, including:

• World-wide cruising
• Yacht liability cover (as top-up)
• Delivery voyages
• Racing risks
• Personal accident and medical cover
• Immediate response times
• Efficient claims handling

Marine insurance is at the heart of JLT Specialty and their history. Their team of over 110 marine specialists work with you to overcome challenges and build relationships, which deliver results.

We are also Introducers for Topsail Insurance who can insure a vessel in any worldwide location Their policies are designed to suit the needs of the sailing community, offering comprehensive and flexible cover. Topsail Insurance was launched in 1996 and since then has provided specialist Yacht Insurance and Motorboat Insurance to a worldwide marine community.

We look forward to assisting you with your insurance needs and assure you that you will be in the right hands.

• Abalone / Shark's Fin / Bird's Nest
• Seasonal Items

Restaurant 195

Search store, frozen items, a unique dining experience beyond your expectations., signature barbecue.

Originally serving fine Chinese cuisine, Restaurant 195 has since evolved to serve whatever your tastebuds desire. Whether it be Western, Japanese, Chinese, or a fusion between the three; rest assured we’re here to deliver. While not new, no other restaurants have done the same with Chinese fine dining, making us truly one of a kind.

After leaving our old location, we decided to turn Restaurant 195 into a truly exclusive, private dining experience. Lunch and dinner are by appointment only, promising you only the best personalized service.

To make an appointment, we encourage you to contact our staff Chong Pee Yan or Sim Zhao Yee to book and discuss your menu.

Our mission is to give you the most unique dining experience, far beyond your expectations.

Signature Noodles

We are located at

195 Jalan Ampang, 55000 Kuala Lumpur, Malaysia.

Monday - Sunday, 10:30am - 10pm To make a reservation please contact: +60321435866 Chong Pee Yan: +60123285111 Sim Zhao Yee: +60126111403

Make A Reservation

Enjoy an unforgettable experience with your family or friends. Experience fine, authentic cuisine in privacy.

Marine Insurance

Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport or cargo by which property is transferred, acquired, or held between the points of origin and final destination.

Types of Marine Insurance:

• MARINE CARGO INSURANCE

Marine cargo insurance policy insures property while in transit against loss or damage arising from perils associated with the navigation of the sea or air and subsequent land and inland waterways.

• MARINE HULL INSURANCE

Marine Hull Insurance policy covers loss or damage to hull and machinery. The hull is the structure of the vessel. Machinery is the equipment that generates the power to move the vessel and control the lighting and temperature system such as boiler, engine, cooler and electricity generator.

• AIR CARGO INSURANCE

A type of insurance policy that protects a buyer or seller of goods being transported through the air. Air cargo insurance is designed to protect the insured against items damaged, destroyed or lost. Cargo insurance is offered through insurance companies, some freight forwarders and trade service intermediaries. The amount of coverage and deductible required with this insurance varies, with each insurance provider.

Persatuan Insurans Am Malaysia 3rd Floor, Wisma PIAM, 150, Jalan Tun Sambanthan, 50470 Kuala Lumpur

+60 3 2274 7399

[email protected]

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Flexible, tailored marine insurance worldwide

Inland Marine

Marine cargo insurance, marine liability insurance, marine loss control engineering.

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AIA Insurance Agent and Life Planner Malaysia

Marine Cargo Insurance Malaysia

• Marine Cargo Insurance

Marine Cargo Insurance is insurance for point-to-point shipments. It covers multi-modal shipping. It covers land, sea, and air shipments. And storage during that shipment.

Contact Insurance Agent for Cargo Insurance

Contact our best insurance agent for a Malaysian plan for your company.

Click the button below to contact AIA Insurance Agent Levine Lee, to answer your questions on this insurance plan.

Or send in an enquiry. We will contact you to create the best insurance quotations to fit your insurance needs.

This is a type of Goods in Transit Insurance , but it covers the insurance for all types of shipments and across international borders.

Insurance Coverage for Marine Cargo Shipments

There are several insurance companies like AIA Insurance , Allianz Insurance , Great Eastern Insurance , RHB Insurance, Liberty Insurance, AXA or Takaful Ikhlas, and many more that are providing this type of business insurance for shipping. They have different forms to fill up, prices, and terms and conditions. Red Cover insurance agents deal with these insurance companies to get you the best options, prices, and terms for your specific needs.

You can see the types of business insurance offered by Red Cover agents on the Red Cover Business Insurance summary page .

Contact Insurance Agent for Best Insurance Proposals in Malaysia

Levine Lee has over 18 years of working experience with AIA and ING Insurance as an AIA life insurance agent and life planner.  Jeffrey Teoh has over 10 years of distinguished working experience with the best group insurance company in Malaysia, including Allianz. And Colin Chow is a trusted Great Eastern insurance agent with over 13 years of experience in the industry.

Contact AIA INSURANCE AGENT LEVINE LEE , at   +6012 684 0948 . She is the focal point for initial customer contact. Jeffrey Teoh, Colin Chow, or other Red Cover insurance team members will step in to contact you depending on your insurance requirements.

Levine and her team can work with you to create the best insurance proposal and quotations to meet your needs and budget plans within Malaysia. The team can get you quotations from various Insurance Companies in Malaysia for your personal, life, general, group, and business insurance needs.

Send in the form below for your requirements.

Shipping and Marine Insurance – Request for Quotation

• Goods In Transit Insurance
• Air Cargo Insurance
• Port Risks Insurance
• Marine Hull and Machinery Insurance
• Marine Liability Insurance
• Yacht, Boat And Pleasure Craft Complete Cover Insurance
• Commercial Vehicle Insurance
• Keyman Insurance for Cashflow Protection
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At Red Cover Life Planning, we emphasize our people- helping them grow, expanding their abilities, and discovering new opportunities. Join us now to be part of our team and story.

AIA Insurance Agent KL – Levine Lee

AIA 39 Critical Illnesses Insurance Plans Malaysia

Keyman Insurance Malaysia

Contact Details

Phone: (+6010) 361 9298

Level 7, Menara AIA No. 68, Jalan Batai Laut 4 Taman Intan, 41300 Klang, Selangor Malaysia

Unit 37-2, Level 37, Q Sentral, No.2A, Jalan Stesen Sentral 2, KL Sentral, 50470 Kuala Lumpur Malaysia

Service Area:   Covering all of Malaysia

AIA Insurance

The AIA brand and its related products are the copyright  of AIA Group Limited and its Subsidiaries.

AIA legal entities in Malaysia are as follows:

• AIA Bhd (790895-D)
• AIA General Berhad (924363-W)
• AIA Public Takaful Bhd (935955-M)