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So Pac Ins-The Marina Shop Insurance, NZ

Marine Insurance/Health Insurance/Banking/Bill Paying/Taxes

So Pac Ins-The Marina Shop Insurance, NZ

by CETACEA » Tue Apr 21, 2015 11:53 am

Does any one have experience with The Marina Shop Insurance, located in New Zealand? I have received a great quote, well worth a strong look, and would like to know about the agents and how claims have been handled. Everything seems above board, just afraid that it might fall in the "to good to be true", although I certainly hope not!. Everything I have read is positive. Thanks for your thoughts!! Tony
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Re: So Pac Ins-The Marina Shop Insurance, NZ

by Al Golden » Wed Apr 22, 2015 8:10 am

What's the name of the insurance company providing the security?
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International Marine Insurance Services
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Re: So Pac Ins-The Marina Shop Insurance, NZ

by CETACEA » Thu Apr 23, 2015 1:18 pm

Hi Al and thank you for responding. The insurance underwriter is Lloyds. They are prescribed to be 100% certain "A" graded Lloyds underwriters. The policy is new as of April 2015 and called "Global Yacht Cover". That is what I know as of now. Thanks for your continued support of the SSCA and I appreciate any assistance or direction that you can give. (Not sure where my first response went, but it never got posted) Thanks Tony
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Re: So Pac Ins-The Marina Shop Insurance, NZ

by Al Golden » Fri Apr 24, 2015 8:04 am

"Global Yacht Cover"

That's a new one on me...

Send me a copy of the sample they sent to you, and we'll see what's in it.
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Re: So Pac Ins-The Marina Shop Insurance, NZ

by Evan_Gatehouse » Sat Apr 25, 2015 3:22 pm

I was insured with them for 2 years in the Pacific and then Australia. Paid reasonably promptly for a claim involving a stolen dinghy & motor in Brisbane. Language of policy isn't too bad

I am now insured via Topsail in UK (underwritten by Royal Sun & Alliance). Better policy wording and premiums were a bit lower. Have heard good things about cruisers with lightning damage in SE Asia getting claims settled promptly with Topsail.
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Re: So Pac Ins-The Marina Shop Insurance, NZ

by CETACEA » Sun Apr 26, 2015 12:39 pm

Good info Evan and thanks for replying. I will look into it! Tony
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Re: So Pac Ins-The Marina Shop Insurance, NZ

by CETACEA » Mon May 04, 2015 1:16 pm

For those interested, I have moved forward with The Marina Shop in NZ for my So. Pacific coverage. Thanks for your reply Evan. Tony, SV CETACEA, Tahiti FP
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