Marine & Yacht/Aviation

Yacht insurance is a specialized policy designed to cover private and commercial pleasure craft (e.g., sailboats, motor yachts, catamarans) against a wide range of risks while in use, in transit, or moored.

Main Coverages

Hull & Machinery (H&M)

Covers physical loss or damage to the yacht, including:

Hull and superstructure
Engines, sails, equipment, and electronics
Tenders and outboards (if declared)

Liability Insurance (Protection & Indemnity – P&I)

Covers legal liability to third parties, such as:

Injury or death to passengers or crew
Damage to other boats or property
Wreck removal costs
Pollution liability

Personal Accident Coverage (optional)

Covers death or injury to the owner, guests, or crew onboard

Medical Payments

Medical expenses for those injured onboard, regardless of fault

Theft & Vandalism

Coverage for stolen equipment or damage from unauthorized access

Natural Perils

Storm, lightning, grounding, fire, sinking (subject to terms)

Optional Extensions

Racing risk coverage (for sailing yachts)
Trailer & transit coverage (for trailered vessels)
Charter use coverage (if the yacht is rented out)
War and strike risks
Uninsured boater coverage

Aviation Insurance

In Thailand, car insurance is categorized mainly into five types (Type 1 to Type 3+ and Compulsory), each offering different levels of coverage. Here's a breakdown:

Regulation & Requirements in Thailand

Civil Aviation Authority of Thailand (CAAT) mandates liability coverage for all commercial aircraft.
Policy requirements vary depending on aircraft type, size, and operation:
- Private aircraft: Minimum third-party liability.
- Commercial/charter: Higher limits, must include passenger cover.
- Drone operators: Required to have liability insurance before registration.

Key Types of Aviation Insurance Available in Thailand

Aircraft Hull Insurance

Covers damage or loss of the aircraft itself.

Third-Party Legal Liability

Mandatory under Thai law and CAAT regulations.
Covers bodily injury or property damage to third parties (excluding passengers).
Required for aircraft registration and operation permits.

Passenger Legal Liability

Covers injury or death of passengers onboard.
Required for commercial airlines and charter operators.

Combined Single Limit (CSL)

A single liability limit that combines third-party and passenger liability.
Offers flexibility compared to separate limits.

Crew and Pilot Personal Accident Insurance

Covers death or disability of crew.
Includes medical expenses, loss of license, and accidental death benefits.

Drone/UAV Insurance

Growing in demand in Thailand.
Covers:
- Drone damage or loss (hull)
- Third-party liability (e.g. property or bodily injury)
- Payload (camera, sensors)

Required by CAAT for commercial drone operators in Thailand.

Lambert Brothers Insurance Broker (Thailand) Co., Ltd

บริษัท แลมเบิร์ท บราเธอร์ อินชัวรันส์ โบรคเกอร์ (ประเทศไทย) จำกัด

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