INAMAR Recreational Marine Notes Enhanced Program for Luxury Pleasure Boats, Mega-Yachts

June 2, 2005

INAMAR, the marine marketing and underwriting division of ACE USA, has introduced an enhanced version of its Elite Yacht Program, an insurance program designed exclusively to fulfill the unique insurance needs of high-value luxury yacht owners.

INAMAR’s Elite Yacht Program is designed specifically for vessels valued at $5 million or greater, and includes many new benefits such as a waiver for the hull physical damage deductible if the loss amount exceeds that deductible.

Other benefits and features include: worldwide navigation limits, fine arts coverage, captain and crew coverage, loss of charter income, rental reimbursement and marine environmental damage benefits, along with many other policy provisions that make this policy an option for discriminating yacht owners seeking the most comprehensive protection available for larger yachts.

Along with the insurance protection afforded through the Elite Yacht Program, customers will also reportedly benefit from the comprehensive loss control services provided by INAMAR.

To learn more about INAMAR and obtain information on a variety of safety and loss prevention topics, visit www.INAMARmarine.com.

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