At Concept Special Risks Ltd. we seek to provide you with policy language and policy documentation that is easy to read and understand. We are aware that reading through lots of legal documentation can be a daunting experience and so our expert staff are on hand to talk you through any part of any documentation we use. It is vitally important that if you are not a qualified yacht insurance broker, that you consult with one to guide you through policy language, terms and conditions. You can find a list of yacht insurance brokers within our broker section and if you would like to contact us first you can either contact one of our team or email us. You will also find a pdf copy of our FATCA compliance documentation in the final section of this page.
Policy Language
Below is the policy language for our yacht program. There are two languages currently available for privately used yachts, these are SYP/22/PPO and PYP/22/PPO and two for commercial vessels SYP/22/COM and PYP/22/COM. The differences between our Standard Yacht Policy and Premier Yacht Policy is also provided below in pdf format.
| Document Description | Standard Document |
|---|---|
| Standard Private and Pleasure Yacht Policy (SYP/22/PPO) | view |
| Standard Private and Pleasure Yacht Policy (SYP/8/PPO) | view |
| Standard Commercial Yacht Policy (SYP/22/COM) | view |
| Standard Commercial Yacht Policy (SYP/8/COM) | view |
| Premier Private and Pleasure Yacht Policy (PYP/22/PPO) | view |
| Premier Private and Pleasure Yacht Policy (PYP/5/PPO) | view |
| Premier Commercial Yacht Policy (PYP/22/COM) | view |
| Premier Commercial Yacht Policy (PYP/5/COM) | view |
| Insuring Agreement Changes and Differences | view |
| Standard Yacht Policy vs Premier Yacht Policy Comparison | view |
Policy Endorsement
Below is a selection of our most commonly requested policy endorsements. All risks quoted will be quoted with the most recent version of any endorsement shown and some endorsements are not available for certain risks. If you cannot see the document that you need please contact one of our team.
| Document Description | Standard Document |
|---|---|
| Additional Assured Endorsement (CSR/AAE/22-1) | view |
| Business Use As Accommodation Endorsement (CSR/BAE/22-1) | view |
| Bareboat Charter Endorsement (CSR/BCE/22-1) | view |
| Caribbean Racing Endorsement (CSR/CRE/19-1) | view |
| Colombia Exclusions and Warranties Endorsement (CSR/CEW/22-1) | view |
| Recreational Dive Boat Endorsement (CSR/RDE/22-1) | view |
| Recreational Dive Boat Endorsement (CSR/RDE/19-1) | view |
| Marina Additional Assured Endorsement (CSR/MAE/22-1) | view |
| Mortgagees Interest Endorsement (CSR/MIE/22-1) | view |
| Racing Endorsement (CSR/RAE/22-1) | view |
| Racing Endorsement (CSR/RAE/19-1) | view |
| Theft Deductible Endorsement (CSR/TDE/22-1) | view |
| Towing Endorsement (CSR/TOE/22-1) | view |
| US Terrorism Risk Insurance Act of 2002 as Amended Endorsement (CSR/TRIA/22-1) | view |
| Unrepaired Damage Valuation Endorsement (CSR/UDE/22-1) | view |
Document Template
Below are our document templates, including our range of new fillable application forms. These can be completed and emailed without the need to print. Look out for our new online applications, which will be available soon.
| Document Description | Standard Document |
|---|---|
| Yacht Application Form (CSR/APP/3) | view |
| Named Windstorm Plan (CSR/NWP/23-2) | view |
| Named Windstorm Plan (without Colour) (CSR/NWP/23-2) | view |
| Survey Guidance | view |
| Yacht Fleet Application Form | view |
| Survey Compliance Form | view |
| Extended Navigation Form | view |
| Additional Operator Form | view |
| Self Survey Form | view |
| Captain Sign Off Form Survey Supplemental Form | view |
| Bareboat Charter Supplemental Form | view |
| Captain Charter Supplemental Form | view |
| Paid Crew Supplemental Form | view |
| Racing Supplemental Form | view |
| Renewal Questionnaire | view |
| Supplemental Form Bundle | view |
| Charter Use Extension Form | view |
| Liability Waiver and Release (CSR/WAV/23-1) | view |
Compliance Documentation
Below is a miscellaneous selection of documentation that is often requested by our clients.
| Document Description | Standard Document |
|---|---|
| FATCA Compliance Documentation | view |
Concept Special Risks Ltd.
Unity House, 2 Station Court, Station Road, Leeds, LS20 8EY, United Kingdom
Telephone: + 44 (0) 1943 882700 | Email: info@special-risks.co.uk
© Concept Special Risks Ltd. 2023 | Concept Special Risks Ltd. is regulated by the Financial Conduct Authority, Licence number; 312098 Company Registration number; 00952756 England