boat insurance

Get back on the water fast

If your boat or pleasure craft is damaged the policy covers repairs, and if it’s stolen or unable to be recovered, you’ll receive the sum insured in your policy.

what is covered
» sails
» outboard motors
» protective covers
» trailers
» fishing, diving and water-skiing gear
» personal effects

where you are covered
» your boat in New Zealand
» your boat on New Zealand waters

additional covers
» Legal liability: Up to $250,000 if you damage someone else’s property or injure somebody
» Repatriation cover: You’ll receive up to $1,000 per person up to a maximum of $5,000 


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important information

Pleasure Craft (Boat) Insurance is arranged by Southsure Assurance Limited (Southsure), a subsidiary company of Southland Building Society (SBS Bank).SBS Bank insurance products are arranged by Southsure Assurance Limited (Southsure), a subsidiary company of Southland Building Society (SBS Bank). Southsure is licensed under the Insurance (Prudential Supervision) Act 2010 and supervised by the Reserve Bank of New Zealand. Southsure is a member of the Banking Ombudsman scheme.SBS Bank may receive a commission for any successful insurance referral. All insurance cover is subject to underwriting criteria and the individual policy terms and conditions set out in the policy document. Vehicle, House and Contents insurance is underwritten by Lumley, a business division of IAG New Zealand Limited (Lumley). Neither Southsure nor Southland Building Society (SBS Bank) nor any other entity within the SBS Bank Group guarantees the obligations of, or any products issued or underwritten by Lumley.This webpage is only a summary of the features and benefits of Pleasure Craft Insurance (boat) and is intended to be of a general nature.

Boat insurance
A copy of the current Southland Building Society (SBS Bank) Disclosure Statement along with our Term Investment Terms & Conditions and QFE Adviser Disclosure Statement are available on request and free of charge from any branch or agency of SBS Bank or on this website
© Southland Building Society, 2016