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XL launches bespoke yacht product


XL Group’s North America Marine insurance business has launched a new product that will cater for the particular needs of individual yacht owners. ShipShape, a suite of recreational marine coverages, will offer limits of up to $50 million to cover risks including liability coverage, defence costs outside the liability limit, medical payments for crew and a veterinary service for pets.

XL, yacht, marine, insurance

Intelligent Insurer

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