Hire and reward insurance 2026

1. Click ‘Get Form’ to open the hire and reward insurance proposal form in the editor.
2. Begin by filling in the Intermediary’s Name and Code, followed by the Proposer’s Name and Registration Number. Ensure that all details are accurate.
3. Provide your address, nature of business, and contact information. If you are an individual, include your personal details such as IC number, nationality, date of birth, occupation, and years of boating experience.
4. In the Vessel’s Details section, input information about your vessel including its name, construction type, model, year built, gross tonnage, and passenger capacity.
5. Indicate how the vessel is moored or stored. Select from options like Marina Berth or Dry Stack.
6. Specify the vessel's usage by selecting appropriate options for hire/charter activities. Fill in coverage requirements including sums insured for comprehensive coverage.
7. Complete the Claims History section by detailing any claims incurred over the last five years related to your boat.
8. Finally, review your declaration statement for accuracy before signing and submitting your proposal.

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