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Jet Ski Insurance


There are few things as exhilarating as skimming the water’s surface at 60km/hr, skipping across the waves... Embrace the adventure worry-free with our jet ski insurance – a specialised section under Compendium’s water craft policy.

Jet ski insurance, which falls under our standard water craft / small craft / boat insurance policy covers any vessel with a maximum designed speed of one hundred (100) kph specified in the schedule. This comprises the hull, superstructure, fittings, machinery, engines, motors, boats, gear and equipment that would usually be sold as one unit. The trailer needs to be specified in the schedule.

Calculating the sum insured: The current purchase price of a new vessel of the same or a similar model if the vessel is less than 4 years old must be noted as the sum insured. Alternatively, the current market value if the vessel is older than 4 years, or the limit of indemnity shown in the schedule will be paid out,
whichever is the lesser.

Important note: Cover applies to any body of water within Southern Africa, and extends as far as 12 nautical miles from the coast of South Africa, Namibia and Mozambique.

Cover includes:
Fire, lightning, explosion, earthquake, volcanic eruption
Malicious acts
Outboard motor damage or loss, provided it is securely fastened to the vessel
Negligence of any person
Theft or attempted theft including machinery, outboard motors, gear or equipment if stolen with the vessel or following forcible or violent entry into or exit from the vessel or place of storage.

We can talk to you about special policy extensions as well.

To speak to one of our brokers, contact us on 031 242 6800, or fill in the Request a Quote form.



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