Friday 26 February 2010

IWA Launches New Tailored Boat Insurance Scheme With Built in Breakdown Membership


The Inland Waterways Association (IWA) has teamed up with both Navigators & General and River Canal Rescue to enable an insurance facility that it believes is unique to the market, with the added benefit that every policy taken out and subsequently renewed helps IWA, and so helps our charitable work for the waterways.

Our tailored inland waterway insurance policies cover loss and damage to your vessel, protect against legal claims, pay out for injury and damage caused to other property and provide the additional security of inclusive breakdown membership.

Key policy features

The policy incorporates many features that are unique including:

  • Membership to River Canal Rescue breakdown (which can be upgraded at additional cost)   

  • Dedicated insurance cover for owners who permanently live aboard their boats (Additional cost) - Personal public liability

  • Marina benefits

  • Medical expenses cover

  • £3 million pounds third party cover

Speaking on behalf of IWA, Neil Edwards, chief executive, said:

“IWA currently arranges insurance for over 170 of IWA’s corporate members, including most waterways societies and trusts, many boat clubs, community boat groups, navigation authorities, educational, industrial archaeological, waterways leisure and heritage bodies, museums and a wide range of other non-profit making organisations.  This is something that IWA has done as a non-profit making service for over 35 years, and has helped save many thousands of pounds from waterways insurance bills.  IWA’s experience in insurance matters led us to believe that something advantageous could be put in place for private boat owners too.  We believe that our partnership with Navigators & General, a leading pleasure craft insurer, and with River Canal Rescue, the foremost boat breakdown organisation, makes this scheme a market-leading proposition, and one which provides additional financial benefit to IWA that will allow it to further its charitable work for the waterways.”

For more information please go to: http://www.waterways.org.uk/support_us/boat_insurance