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The importance of buying yacht insurance

[Abstract]:
When finding suitable insurance for a yacht, the shipowner must establish a good relationship with the insurance intermediary or agent at the outset so that he can freely ask all relevant questions before purchasing the insurance. Secondly, a good period A close relationship allows your intermediaries to better understand your needs and choose the most appropriate insurance.

When finding suitable insurance for a yacht, the shipowner must establish a good relationship with the insurance intermediary or agent at the outset so that he can freely ask all relevant questions before purchasing the insurance. Secondly, a good period A close relationship allows your intermediaries to better understand your needs and choose the most appropriate insurance.

When a security agent proposes a more expensive insurance plan, don't be suspicious immediately, because a competent agent should not choose the cheapest insurance for the client, but instead should look for a plan that best suits individual needs; People must also be able to clearly explain the differences between the different terms, so that customers can make the most informed decisions in the most informed situation; many shipowners in the market often take the price as the only consideration, thinking that each insurance plan is the same. This is a very big misunderstanding. In the long run, a cheap insurance plan is likely to bring you even greater losses.

When choosing an insurance plan, you should pay attention to whether the insurance company is willing to make compensation; some insurance companies are very willing to solve problems with customers, but some companies try their best to avoid compensation. Claims are a two-way issue, and when the gray area emerges, the relationship between the customer and the security company plays a major role.

Crisis management is also an important part of insurance. Excellent insurance intermediaries should be very willing to assist them; in general, they have rich experience and good relations with the yacht industry, so they can recommend high-quality tool suppliers for customers. The top squats and the crew who can take good care of the yacht can greatly reduce the possibility of accidents.

In addition to yacht insurance, agents can also provide insurance plans for individuals and businesses; more scalable and reputable agencies can often offer different types of insurance products, so the better your relationship with the agent, the insurance can be developed The plan enjoys greater flexibility.