The Yacht & Small Craft Insurance Policy

Nichol Chetcuti is an Insurance Tied Intermediary at CITADEL PLC for the Marine Insurance policies

Our insurance for Motor Yachts provides you with the necessary cover for Cabin and Motor Cruisers.

Motor Yachts

With the steady rise in the number of Boats in our waters and high repair and replacement costs, having the right insurance policy should be a priority for all boat owners. If you own a vessel for recreational purposes, you should always be aware of the associated risks – not only at sea, but also whilst your boat is moored, in storage ashore or being transported.

Besides the standard cover, our policy gives you the opportunity to increase the maximum Limits under the Propeller Fouling Extension and also permits you to sail beyond Maltese Territorial Waters.

Sailing Yachts

With Citadel’s private boat insurance, we can help you choose from a variety of cover options designed for sailing yachts and smaller sailing boats.

With the steady rise in the number of Boats in our waters and high repair and replacement costs, having the right insurance policy should be a priority for all boat owners. If you own a vessel for recreational purposes, you should always be aware of the associated risks – not only at sea, but also whilst your boat is moored, in storage ashore or being transported.

Our Policy offers Comprehensive cover to your Hull, Navigation Equipment and other Accessories, together with liability cover for all passengers on board and other Third Parties.

We also provide an extension of cover when sailing beyond Maltese Territorial Waters.

Choose your cover

We offer two levels of cover – the Third Party Liability cover, or the Comprehensive cover, which includes both own and third-party damages. Read more about it in the Summary of Cover.

Summary of Covers

Discounts

By taking out a boat insurance with Citadel, you may benefit from the following discounts:

• No Claims Discount
• Advanced Nautical Qualifications Discount
• Alarm/Datatrak Discount
• MultiPolicy Discount

Take advantage from our savings when opting to bundle your insurance policies. Benefit from our MultiPolicy Discount when you buy and renew more than one policy with us (subject to eligibility).