Personal Loan Finance Online :: News
SHARE

Share this news item!

Club Marine's Policy Enhancements: A New Wave of Coverage for Australian Boaters

Adapting to Modern Boating Needs with Comprehensive Insurance Solutions

Club Marine's Policy Enhancements: A New Wave of Coverage for Australian Boaters?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 provider of recreational boat insurance, has announced significant updates to its product disclosure statements (PDS), reflecting a commitment to better serve the evolving needs of Australian boaters.
This comprehensive review of policy guidelines and terminology aims to align coverage with new boating trends and technologies, ensuring that policyholders receive the most relevant and effective protection.

One of the notable changes includes coverage for electric water sports equipment, which has seen a rise in popularity. Under the updated PDS, such equipment can now be covered for fire, theft, and total loss without the need to specify them under accessories. This enhancement simplifies the insurance process for boaters embracing modern water sports technologies.

Additionally, Club Marine has amended liability rules applying to professional skippers, crews, and transporters. These changes are designed to provide clearer and more comprehensive coverage, addressing the specific needs and risks associated with professional marine operations.

Tim Wiles, CEO of Club Marine, emphasised the significance of these updates, stating that this is one of the most important and exciting revamps of the policy document in the company's 65-year history. The goal is to not only provide significantly better cover but also to make it easier and more efficient for boating customers to interact with the insurer, thereby enhancing confidence and reassurance among policyholders.

For Australian boaters, these policy enhancements represent a proactive approach by Club Marine to adapt to the changing landscape of marine activities. By aligning insurance coverage with contemporary boating practices and technologies, Club Marine continues to demonstrate its commitment to supporting the diverse needs of the boating community.

Published:Sunday, 21st Dec 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

Housing Shortage in WA's South West Strains Caravan Parks
Housing Shortage in WA's South West Strains Caravan Parks
27 Dec 2025: Paige Estritori
Caravan parks in Western Australia's South West are grappling with the effects of a severe housing shortage, as an increasing number of individuals and families turn to these facilities for long-term accommodation. This shift is placing significant pressure on park owners, who traditionally cater to tourists and short-term visitors. - read more
Affordable Electric Vehicle Loans Now Available for Eligible Australians
Affordable Electric Vehicle Loans Now Available for Eligible Australians
27 Dec 2025: Paige Estritori
In a significant move to promote sustainable transportation, the Australian government has introduced a new loan scheme offering low-interest financing for electric vehicles (EVs). This initiative targets Australians earning less than $100,000 annually, as well as essential workers such as police officers, teachers, firefighters, and nurses, regardless of their income level. - read more
Rising Car Repossessions Highlight Financial Challenges for Australians
Rising Car Repossessions Highlight Financial Challenges for Australians
27 Dec 2025: Paige Estritori
Recent data indicates a sharp increase in car repossessions across Australia, signaling escalating financial distress among households. Automotive auction house Pickles has reported a 13% rise in repossessed vehicles over the past six months, with an 11% increase in the last quarter alone. - read more
Marinex Underwriting Sets Sail in Australia's Marine Insurance Market
Marinex Underwriting Sets Sail in Australia's Marine Insurance Market
27 Dec 2025: Paige Estritori
Australia's marine insurance landscape has welcomed a new player with the launch of Marinex Underwriting. This agency, backed by global specialty insurance distributor Amwins, is poised to offer tailored solutions to the complex needs of the Australian marine industry. - read more


Personal Loans Articles

Your Guide to Debt Consolidation Loans in Australia
Your Guide to Debt Consolidation Loans in Australia
Debt consolidation loans are a financial strategy many Australians use to manage their debt more effectively. Essentially, they allow you to combine multiple debts, such as credit cards, personal loans, and other liabilities, into a single loan with one monthly payment. This can make it easier to manage your finances and could potentially reduce the amount of interest you pay over time. - read more
Smart Strategies for Managing Your Loan Repayments
Smart Strategies for Managing Your Loan Repayments
Managing your loan repayments wisely is an essential aspect of financial health. When you stay on top of your obligations, it can lead to improved credit scores and financial freedom. This process involves more than just paying your monthly dues on time; it also includes planning and strategizing to make the most of your financial resources. - read more
Are Unsecured Loans the Safer Choice? Weighing Your Options
Are Unsecured Loans the Safer Choice? Weighing Your Options
Unsecured loans are a type of lending product that allow borrowers to obtain funds without the need to offer collateral. This means that the loan is not tied to any physical asset, such as a house or car, which can be seized by the lender if the borrower defaults. - read more
Loan Eligibility and Approval: What You Need to Know
Loan Eligibility and Approval: What You Need to Know
Navigating the world of personal loans in Australia can be daunting, but understanding the basics of loan eligibility and approval is essential. Personal loans can be a valuable financial tool, helping you manage unforeseen expenses or consolidate debt. However, securing a loan is often dependent on a variety of factors, and being prepared can make all the difference. - read more


Free Assessment

Loan Amount:
Postcode:

All quotes are provided free and without obligation by a Specialist from our National Broker referral panel. See our Privacy Statement for more details.


Knowledgebase
Debt Consolidation:
Debt consolidation usually involves negotiating a new loan to pay other existing loans in order to get more favourable interest rates and terms.