Pantaenius Australia Offers New 90-Day Lift Cover for Boat Maintenance
Pantaenius Australia Offers New 90-Day Lift Cover for Boat Maintenance
0
Pantaenius Australia, a specialist in marine insurance, has introduced a 90-day lift cover policy designed to provide boat owners with third-party liability insurance while their vessels are out of the water for maintenance or survey purposes.
Recognising the challenges boat owners face when lifting their vessels for upkeep, Pantaenius developed this policy to offer peace of mind during these periods. The coverage includes up to $20 million in third-party liability claims associated with the vessel being lifted out of the water. The policy is available at a flat rate of $299 for vessels up to 50 feet and $399 for larger vessels, inclusive of stamp duty and GST. The application process is streamlined, allowing boat owners to secure coverage on the same day of inquiry without the need for a survey.
Regular maintenance, including hull cleaning and inspections, is essential for the longevity and performance of a vessel. However, the process of hauling a boat out of the water can pose risks, making appropriate insurance coverage crucial. Pantaenius's new policy addresses this need, ensuring that boat owners are protected against potential liabilities during maintenance periods.
This initiative reflects Pantaenius Australia's commitment to providing tailored insurance solutions that meet the evolving needs of the boating community, reinforcing their position as a leader in the marine insurance sector.
Published:Saturday, 28th Feb 2026 Source: Paige Estritori
AIA Australia has announced significant updates to its Priority Protection life insurance suite, effective from 9 November 2025. These enhancements are designed to simplify discounts, improve policy clarity, and support premium affordability for policyholders. - read more
Recent data indicates a notable decline in life and income protection insurance premiums across Australia, providing consumers with more affordable coverage options. According to the latest Direct Life Insurance Report from Rainmaker Information, direct life premiums have decreased by 7% since 2024. Similarly, direct income protection premiums have seen significant reductions, with average premiums for waiting periods of 30 days and 90 days decreasing by 12% and 13%, respectively. - read more
Club Marine, Australia's leading boat insurance provider, has expanded its offerings to include land-based insurance coverage for race boats. This initiative is designed to support participants in the Australian Offshore Superboat Championship (AOPC) by providing protection for their vessels while on land. - read more
Pantaenius Australia, a specialist in marine insurance, has introduced a 90-day lift cover policy designed to provide boat owners with third-party liability insurance while their vessels are out of the water for maintenance or survey purposes. - read more
Insurance plays a pivotal role in maintaining financial stability, especially for working adults in Australia. It acts as a safety net, offering peace of mind in the face of uncertainties. By securing an insurance policy, individuals protect themselves against potential financial disruptions caused by unexpected events. - read more
Income protection insurance is a vital safety net for individuals across various professions, designed to provide financial stability if one is unable to work due to illness or injury. This type of insurance replaces a percentage of your income, alleviating the burden of regular expenses while you focus on recovery. For medical professionals who often have high earnings and extensive financial commitments, this coverage is particularly important. - read more
When hardship hits and earning a steady income becomes a challenge due to illness or injury, income protection insurance steps in as a crucial lifeline. This insurance acts much like a monetary buffer, providing you with a percentage of your regular income during times when you're unable to work. It's designed to offer peace of mind and stability, not just for you, but also for your dependents who rely on your financial support. - read more
The horizon of the insurance industry has undergone a transformative shift with the advent of digital technology. With a few clicks, consumers can navigate the once-complex world of insurance policies from the comfort of their home. The digital landscape for insurance services offers unprecedented access to information, comparisons, and instant communication, fostering a more empowered insurance client. - read more
Start Here !
Apply now for your free Insurance assessment and price comparisons!
All quotes are provided free and without obligation. We respect your
privacy.
Knowledgebase
Grace Period: A set amount of time after the premium is due during which a policyholder can make a payment without the insurance coverage lapsing.
