Car 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


Car Loans Articles

Smart Saving Strategies for First-Time Car Buyers
Smart Saving Strategies for First-Time Car Buyers
Welcome to a beginner's guide to saving for your first car! Buying a car for the first time is an exciting journey, filled with anticipation and, sometimes, a bit of anxiety. Rest assured, you are not alone on this path. Many Australians have taken these steps before you, and with the right strategies, you can turn this experience into a rewarding achievement. - read more
Understanding Business Car Loans: What You Need to Know
Understanding Business Car Loans: What You Need to Know
Welcome to our comprehensive guide on business car loans! Whether you're an entrepreneur or a small business owner in Australia, understanding the ins and outs of vehicle loans can be immensely beneficial. Our goal is to provide you with practical insights and tips to navigate the financial landscape with ease. - read more
Unlocking Savings: The Benefits of Refinancing Your Car Loan
Unlocking Savings: The Benefits of Refinancing Your Car Loan
Refinancing your car loan can be a game changer for your financial health. But what exactly does it mean? In simple terms, refinancing involves replacing your current car loan with a new one, usually to secure better interest rates or more favorable terms. - read more
How Credit Scores Affect Your Car Loan Options
How Credit Scores Affect Your Car Loan Options
In the world of personal finance, a credit score plays a pivotal role in determining your borrowing power. But what exactly is a credit score? Simply put, it's a numerical representation of your creditworthiness, based on an analysis of your credit files. This score helps lenders assess the risk of lending you money or extending credit. - 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
Prime Rate:
The interest rate that commercial banks charge their most creditworthy customers.