Club Marine and AOPC Collaborate to Introduce Land-Based Race Boat Insurance
Club Marine and AOPC Collaborate to Introduce Land-Based Race Boat Insurance
0
Club Marine, Australia's largest boat insurance provider, has announced a new partnership with the Australian Offshore Powerboat Club (AOPC) to offer specialised land-based insurance coverage for race boats.
This initiative addresses a significant gap in the market, providing protection for vessels while they are on land.
The collaboration enables race boat owners to secure coverage for accidental loss or damage, theft, or malicious damage to their boats when they are on land and on their trailers. Additionally, policyholders are covered for up to $2,000 (including GST) for non-refundable powerboat race and tournament entry fees if a covered incident causes withdrawal from an event.
AOPC Commodore Antony De Fina highlighted the longstanding relationship with Club Marine and expressed satisfaction with the development of this new insurance offering. He noted that such coverage had previously been unavailable, and its introduction demonstrates Club Marine's commitment to supporting the racing community.
Club Marine CEO Tim Wiles expressed enthusiasm about the partnership, stating that it reflects the company's dedication to supporting the sport and strengthening connections with boating enthusiasts across Australia. The initiative also includes coverage for the AOPC's Shark Cat vessel used during race day events.
This new insurance product provides race boat owners with peace of mind, knowing their vessels are protected during transit and storage. It also signifies a positive step forward for the Australian Offshore Superboat Championship, as support from industry leaders like Club Marine contributes to the sport's growth and sustainability.
In a significant development for policyholders, leading Australian life insurer TAL has announced the expansion of its Health Sense Plus program to encompass income protection (IP) policies. Effective from 8 August 2025, this initiative aims to incentivise proactive health management by offering premium discounts to clients who engage in preventative health checks. - read more
The Australian Financial Complaints Authority (AFCA) has recently ruled in favour of a policyholder who inadvertently cancelled his critical illness insurance due to unclear communication from his insurer, TAL Life. This decision underscores the critical importance of transparent communication between insurers and their clients, particularly regarding the implications of policy modifications. - read more
AIA Australia has recently updated its Priority Protection life insurance suite, introducing changes designed to simplify discounts, enhance policy clarity, and support premium affordability. These enhancements, effective from 9 November 2025, reflect AIA's commitment to providing value-driven solutions for policyholders. - read more
Club Marine, Australia's leading boat insurance provider, has been awarded the 2026 Product Review Award for Top Rated Boat Insurance for the second consecutive year. This accolade underscores the company's dedication to delivering exceptional service and value to its members. - read more
Life insurance is a crucial consideration for middle-aged to older Australians. It provides financial security for your loved ones in the unfortunate event of your death. Understanding the various options available is vital to making an informed decision. - read more
When life throws unexpected challenges your way, income insurance can be a financial lifesaver. Essentially, it's a policy designed to replace a portion of your income if you're unable to work due to illness or injury. Imagine not having to worry about bills piling up while you focus on recovery. That's the peace of mind income insurance aims to provide. - read more
Income protection insurance is a financial product designed to support individuals in the event that they are unable to work due to illness or injury. This type of insurance provides a regular income, helping to replace a portion of lost earnings and meet daily living expenses. Virtually anyone earning an income, especially those with financial dependents or significant debts, should consider the peace of mind that income protection can offer. - read more
Have you ever thought about how you would manage financially if you couldn't work due to an illness or injury? Income protection insurance is designed to replace a significant portion of your income if you find yourself unable to earn for an extended period. It's an essential safety net, providing peace of mind and financial stability during times of uncertainty. - 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
Liability Insurance: A type of insurance that provides protection against claims resulting from injuries and damage to people and/or property.
