Insuring Jade Banks
motor yachts · several countries
Jade Banks builds motor yachts in several countries. NAMMERT insures boats of this make regardless of year built or where you bought them, liability, hull, legal expenses and personal accident cover from one house, taken out online in five minutes.
At a glance
Origin
several countries
Class
motor yachts
Typical sizes
Premium from
from €49 a year for liability
Worth knowing
Jade Banks; cover, cost and conditions
After the season a motor yacht goes to the crane. The Jade Banks 44 and Jade Banks 50 ranges were built between 1993 and 2003 and today, as a rule, spend the winter ashore. The NAMMERT cover also applies in winter storage, during craning, during launching and while in transport.
Damage in winter storage is already included in the limited hull cover, together with fire, storm, lightning strike and theft of the entire boat. The full hull cover adds collision, grounding, vandalism and theft of parts including the outboard.
Both ranges ended in 2003, and what is on the market are used boats. We insure regardless of the year of construction, the place of purchase and previous owners and set the value as an agreed value. Up to a sum insured of 2.5 million euros the policy is taken out online, above that we assess the individual case.
Questions and answers
Frequent questions
Is damage during craning covered?
Yes, the cover applies during craning, during launching, in winter storage and while in transport. The routes between the water and the storage site are therefore covered as well.
What happens in the case of storm damage in dry storage?
Storm is part of the limited hull cover, as is damage in winter storage. The compensation is based on the agreed value, with no deduction for depreciation.
The cover that fits
For the whole class of boat
What matters for motor yachts is the same across every brand; engine output, how a claim is settled, cruising range and theft protection. The class page lists every point and every brand in this class.
Other builders in this class
All makes by type of boat
motor yachts
Ohne Zuordnung
motorboats and sports boats
sailing boats and sailing yachts
dinghies and small craft
inflatables and RIBs
jet skis and boards
houseboats and electric boats
catamarans and multihulls
boat trailers
Katamarane & Trimarane
Nautical information What counts before you cast off, papers, equipment, waters
Licence
A powerboat licence (inland or coastal) is required from 15 hp (11.03 kW).
Registration
Registration from 3 hp; for trips abroad carry the boat certificate or flag document.
Waters
Inland, coastal and abroad; plan fairways, bridge clearances, draught and tides.
Equipment
Lifesaving gear, fire extinguisher, anchor, signalling equipment and correct navigation lights.
Cruising range
The agreed cruising range is stated in the policy and can be extended at any time.
Weather
Check wind force in Beaufort and wind direction before casting off, and allow for gusts.
General guidance, not a complete account; what governs are the rules of the waters you are on and your boat’s manual. Current wind force and direction for your waters are shown on the Home.
Series by Jade Banks, build years and cover
Jade Banks 44 is a motor yacht from Jade Banks, built from 1996 to 2003.
Jade Banks 50 is a motor yacht from Jade Banks, built from 1993 to 2003.
For a series built in these years the market value and the replacement cost often differ widely. An agreed value removes the age-based scale, and the figure in the policy stands.
On motor yachts the drive and the electronics together make up about half the value. Both belong in the valuation, otherwise the sum insured is too low.
Jade Banks insured in five minutes.
Calculate the premium online, policy the same day, or call us: +49 3375 / 29 12 77.
