mi-boat Comprehensive Marine Insurance

We recognise that a boat or Personal Watercraft is often an owner’s most treasured asset and with a mi-boat Comprehensive Marine Insurance Policy we aim to provide the peace of mind that is sought from an insurance solution. 

POLICY BENEFITS

The cover and benefits of mi-boat Marine Insurance* include:

• Cover provided for accidental loss or damage including malicious damage to your boat or Personal Watercraft.
• Cover provided for Theft of your boat, personal watercraft and water sports equipment.
• Premium discounts for age and boating experience.
• Agreed value for 2 years on new boats from the date of first registration.
• Watersports equipment up to $1,500 for each item and $10,000 in aggregate.
• Personal effects owned by you and your passengers covering clothing, shoes, waterproof apparel and $1,500 per item and $10,000 in aggregate.
• Up to $50,000 cover to the named insured from an accident occurring when using your boat or Personal Watercraft, for death, permanent and total loss of sight or use of a limb.
• Pay by the month option.
• Agreed value available**.
• Optional Lay-up cover: premium discount for the months your boat or Personal Watercraft is not used**.
• 24/7 emergency claim service.
• 21 day cooling off period.

Policies between the 1 May 2022 – 31 May 2025

For mi-boat Comprehensive Marine Insurance purchased between the 1st of May 2022 and the 4th of May 2025, refer to the Product Disclosure Statement (PDS), Financial Services Guide (FSG) and the TMD.

Policies between the 1 October 2021 – 30 April 2022

For mi-boat Comprehensive Marine Insurance purchased between the 1sts of October 2021 and the 30 of April 2022, refer to the Product Disclosure Statement (PDS), supplementary PDS (SPDS) and the TMD.

*Before buying this insurance please read the mi-boat Marine Insurance Product Disclosure Statement,Policy Wording and Financial Services Guide which provides the full terms and conditions that apply to this insurance 
**Conditions apply