Income Insurance Online :: News
SHARE

Share this news item!

Club Marine Introduces Land-Based Insurance for Race Boats

New Coverage for Race Boats During Storage and Transit

Club Marine Introduces Land-Based Insurance for Race Boats?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Club Marine, Australia's leading boat insurance provider, has announced a new partnership with the Australian Offshore Powerboat Club (AOPC) to offer specialised insurance coverage for race boats while they are on land.
This initiative addresses a significant gap in the market, providing protection against accidental loss, damage, theft, or malicious damage to vessels during storage and transit.

Antony De Fina, Commodore of the AOPC, highlighted the longstanding relationship between the two organisations and expressed enthusiasm for the new offering. He noted that Club Marine's commitment to the boating community has been instrumental in developing this tailored insurance solution.

The new policy is designed specifically for race boats when they are not in the water, ensuring that owners have comprehensive coverage during periods of inactivity. This is particularly beneficial for participants in events like the Australian Offshore Superboat Championships, where vessels often spend considerable time on land between races.

For boat owners, understanding the nuances of insurance coverage is crucial. Traditional policies may not extend to incidents occurring while the vessel is out of the water. Club Marine's latest offering fills this void, providing peace of mind to race boat owners and operators.

In addition to this new coverage, Club Marine continues to offer a range of insurance products tailored to various types of boats and personal watercraft. Their commitment to the boating community is evident through ongoing partnerships and initiatives aimed at enhancing safety and protection for all marine enthusiasts.

For more information on this new insurance offering and other products, boat owners are encouraged to visit Club Marine's official website or contact their local insurance broker.

Published:Thursday, 9th Apr 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Insurance News

Broker Held Accountable for Uncommunicated Policy Exclusions Leading to Claim Denial
Broker Held Accountable for Uncommunicated Policy Exclusions Leading to Claim Denial
10 Apr 2026: Paige Estritori
In a recent decision by the Australian Financial Complaints Authority (AFCA), a broker has been found liable for failing to adequately inform a client about critical exclusions in a truck insurance policy, resulting in the denial of a damage claim. This case underscores the paramount importance of clear communication between brokers and clients, especially concerning policy terms that can significantly impact coverage. - read more
Understanding the Impact of Seasonal Risks on Truck Insurance in Australia
Understanding the Impact of Seasonal Risks on Truck Insurance in Australia
10 Apr 2026: Paige Estritori
Seasonal changes in Australia bring about varying weather patterns and traffic conditions, significantly impacting the trucking industry. These fluctuations not only affect operational efficiency but also have profound implications for insurance coverage and premiums. Understanding these seasonal risks is crucial for truck owners and operators to ensure adequate protection and cost management. - read more
Navigating Insurance Requirements for Food Truck Operators in Australia
Navigating Insurance Requirements for Food Truck Operators in Australia
10 Apr 2026: Paige Estritori
Operating a food truck in Australia presents unique challenges, particularly when it comes to securing appropriate insurance coverage. Unlike traditional brick-and-mortar establishments, food trucks combine elements of a business, vehicle, and commercial kitchen, necessitating a tailored approach to insurance. - read more
Zurich Australia's New Income Protection for Women's Health
Zurich Australia's New Income Protection for Women's Health
09 Apr 2026: Paige Estritori
Zurich Australia has unveiled a pioneering income protection benefit tailored specifically for women's health conditions, including menopause and endometriosis. This initiative addresses the significant impact these conditions have on women's professional lives and financial stability. - read more
APRA's Renewed Efforts to Reform Income Protection Insurance
APRA's Renewed Efforts to Reform Income Protection Insurance
09 Apr 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) has announced the resumption of its reforms targeting individual disability income insurance (IDII), commonly known as income protection insurance. This initiative aims to address the financial challenges that have plagued the industry, with insurers reporting losses exceeding $3.4 billion over the past five years. - read more


Life Insurance Articles

Why Income Protection Insurance Is Essential for Australians
Why Income Protection Insurance Is Essential for Australians
Income protection insurance is a type of personal insurance that provides financial support if you are unable to work due to illness or injury. It ensures that you continue to receive a portion of your income, helping you manage daily expenses and financial commitments during recovery. - read more
Income Protection Insurance: Understanding Waiting Periods and Benefit Periods
Income Protection Insurance: Understanding Waiting Periods and Benefit Periods
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
Income Protection Insurance Explained: Ensure Your Livelihood in Times of Uncertainty
Income Protection Insurance Explained: Ensure Your Livelihood in Times of Uncertainty
When life takes an unexpected turn, whether due to illness, injury, or other unforeseen events, the financial repercussions can be devastating. This is where income protection insurance becomes an essential component of maintaining financial stability. Income protection insurance acts as a safety net, ensuring that even in times of hardship, your financial obligations can be met, and your standard of living maintained. - read more
Separating Fact from Fiction: The Myths of Income Insurance Revealed
Separating Fact from Fiction: The Myths of Income Insurance Revealed
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
How to Compare Income Protection Insurance for Self-Employed Australians
How to Compare Income Protection Insurance for Self-Employed Australians
For self-employed Australians, the financial stability provided by consistent income is the backbone of both personal and business success. Unlike traditional employees, who might have access to sick leave or employer-sponsored disability benefits, self-employed individuals are solely responsible for their financial security in the event of illness or injury. This is where income protection insurance steps in as a crucial safeguard. - read more

Knowledgebase
Term Life Insurance:
A type of life insurance policy that provides coverage for a specified period, such as 10 or 20 years.