By Michael T. Moore The travel to Cuba scene and business in Cuba scene (the new power curve) continues to develop rapidly. Homeland Security has…
Seattle-based Novamar, a provider of marine and yacht insurance, now offers a Cuba Navigation Endorsement for U.S. yacht owners. Coverage can be added to existing Novamar Yacht Program policies start at $500.
U.S. citizens with a legal reason to travel to Cuba can get the endorsement provided the proper permits have been applied for and issued, the company said on its website.
A story in Insurance Journal said Novamar’s insurance program is placed with a U.S. insurance company so insureds are covered by state insurance department protections regarding company financial security and claims handling.
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