Catch and fishing gear insurance
Catch and fishing gear insurance covers catch and/or fishing gear that is on board a specified vessel. The insurance is available to operators who have an active boat or vessel insurance on the vessel itself with VÍS.
Catch and fishing gear insurance covers catch and/or fishing gear that is on board a specified vessel. The insurance is available to operators who have an active boat or vessel insurance on the vessel itself with VÍS.
The insurance covers
-
Total loss if the insured subject is lost with the vessel.
-
Loss if this is directly caused by the vessel running aground, sinking, capsizing or colliding with another vessel or with fixed or floating objects.
-
Damage due to fire.
-
Damage to frozen catch caused by sea damage, sudden oil or water leaks from the vessel’s pipes, leakage of the refrigerant or unavoidable malfunction or stoppage of the freezing equipment or freezing system.
The insurance does not cover
-
Damage when objects are scorched or melted if there is no open fire.
-
Damage to frozen catch due to a change in temperature unless the malfunction or stoppage of the freezing equipment lasts continuously for at least 24 hours.
Please note that the information about the insurance is not exhaustive. More detailed information can be found in the insurance terms.
In case of a discrepancy between this information and the insurance terms, the insurance terms apply.
Insurance terms and other information
The insurance terms is your contract with VÍS. It is important to thoroughly read the terms and understand what is covered and what is not, before purchasing the insurance.
Insurance terms