Yacht Brokers Insurance

Master Yacht Brokers & Independent Contractors (non employees)

Yacht Brokers and their Independent Contractor brokers are exposed to the following risks;

  • Bodily Injury or Property Damage to their clients
  • Property Damage to boats in their Care, Custody & Control (MOLL)
  • Errors or Omissions in their advertising and marketing and documentation.
  • Independent brokers are not covered by the Master Brokers policy unless they are employees.
  • Marina’s require Certificates of Insurance to show a boat on their premises

Comprehensive General Liability (CGL)

Global Marine has designed exclusive package policies to cover these exposures;

  • A combination Comprehensive General Liability (CGL) and a MOLL which covers the CCC policies for the Master Broker at very competitive premiums.
  • An “add on” combination CGL & MOLL policy for the Independent Contractor broker.

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