Income Insurance NZ :: News
SHARE

Share this news item!

Club Marine Introduces Land-Based Insurance for Race Boats

Club Marine Introduces Land-Based Insurance for Race Boats

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
Source: Paige Estritori

Share this news item:

Insurance News

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
AFCA's Landmark Decision on Occupation Definitions in Income Protection Claims AFCA's Landmark Decision on Occupation Definitions in Income Protection Claims
09 Apr 2026: Paige Estritori

The Australian Financial Complaints Authority (AFCA) has recently delivered a pivotal ruling that clarifies the definition of 'occupation' within the context of income protection insurance claims. This decision arose from a dispute involving a policyholder whose income protection benefits were terminated after the insurer discovered he was listed as a director of a company while receiving payments. - read more
Club Marine Introduces Land-Based Insurance for Race Boats Club Marine Introduces Land-Based Insurance for Race Boats
09 Apr 2026: Paige Estritori

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. - read more
Marine Insurers Reaffirm Support Amid Middle East Conflicts Marine Insurers Reaffirm Support Amid Middle East Conflicts
09 Apr 2026: Paige Estritori

The International Union of Marine Insurance (IUMI) has recently highlighted the resilience of marine insurers in the face of escalating conflicts in the Middle East. Despite the challenging geopolitical landscape, insurers continue to provide essential coverage for cargo, hull, liability, and offshore energy sectors, ensuring that global trade flows remain protected. - read more


Life Insurance Articles

Navigating Pre-existing Conditions in Income Protection Insurance Navigating Pre-existing Conditions in Income Protection Insurance
Income protection insurance is a safeguard that provides individuals with financial stability in the event they are unable to work due to illness or injury. This type of insurance typically replaces a significant percentage of the insured's income, ensuring that their financial commitments can still be met during periods when they cannot earn an income through employment. - read more
Why life insurance is a necessity in tough times Why life insurance is a necessity in tough times
With household budgets under pressure ... and consumer confidence weak, many families are wondering whether life insurance is worth the expense. Or maybe it is something they can do without? - read more
How to Review and Update Your Life Insurance Policy as Your Family Grows How to Review and Update Your Life Insurance Policy as Your Family Grows
Life insurance is an essential safety net for families, providing financial security when it's needed the most. As your family grows, the importance of having a well-structured life insurance policy becomes even more critical. In the busy lives we lead today, it’s easy to overlook this crucial aspect of financial planning. However, ensuring your coverage meets your family's evolving needs is vital. - read more
Life Insurance for Millennials: Why It's Essential. Life Insurance for Millennials: Why It's Essential.
As a millennial, you may believe that you're young, healthy, and have plenty of time to prepare for the future. However, it's essential to understand that life is unpredictable, and unexpected events can occur at any time. This is why it's essential to consider life insurance, particularly if you have financial responsibilities, dependents, or both. - read more
Tailoring Income Protection for Medical Professionals Tailoring Income Protection for Medical Professionals
Income protection insurance is a vital safety net for individuals across various professions, designed to provide financial stability if one is unable to work due to illness or injury. This type of insurance replaces a percentage of your income, alleviating the burden of regular expenses while you focus on recovery. For medical professionals who often have high earnings and extensive financial commitments, this coverage is particularly important. - read more

Start Here !
income insurance protection
Apply now for your free Income Insurance assessment and price comparisons!

Start Here

Monthly Income Benefit:
Postcode:

All quotes are provided free and without obligation. We respect your privacy.

Knowledgebase
Waiting Period:
The time period that must pass after filing a claim before the insurance coverage becomes effective or benefits are paid.