Moore Stephens Brokers has introduced the Superyacht Crew Plan, an adaptable group medical insurance product created with Royal & Sun Alliance (RSA) specifically designed for superyacht crew.
Moore Stephens was involved with RSA in the structuring the coverage, which features no deductible/excess and unlimited cover. MSBL is also involved in managing claims.
“We have a strong relationship with RSA,” said Melanie Langley, senior crew benefits adviser for MSBL. “Already we’ve had a captain sign up who wanted cover for his pregnant wife. We were able to get the cover associated with his wife’s pregnancy including delivery of their newborn and cover for some time following, for both mother and child. Furthermore we were also able to arrange ongoing cover for their children included within the group policy.”
Some of the features of the Superyacht Crew Plan include: unlimited cover for medical treatment in event of accident; unlimited cover for medical repatriation and emergency travel expenses; zero deductible by case or annually; routine pregnancy cover with no waiting period and preventative medical care including: optical (examinations, spectacles, contact lenses and non-elective laser treatment), routine dental care, physiotherapy and one price fits all, regardless of age up to 65.
“Frankly our experience of other policies is that they are just too restrictive, so we joined forces with RSA to develop one that works,” Langley said. “And although the Superyacht Crew Plan is designed as a group policy for yachts or groups of yachts, we will soon roll out with RSA a version for individuals.”
For more please visit www.msiom.com.