ADNIC

ADNIC is Abu Dhabi National Insurance Company, an Abu Dhabi insurer founded in 1972 and listed on the Abu Dhabi Securities Exchange. Its Personal Watercraft Insurance covers yachts, motor boats, sailing craft and jet skis.

Go to adnic.ae How to claim

ADNIC boat and yacht insurance

ADNIC sells one watercraft product, Personal Watercraft Insurance, for craft from superyachts to jet skis, for racing or permanently moored. Its leaflet lists motor boats with inboard or outboard engines, jet skis, sailing dinghies, catamarans, windsurf boards, water scooters and other sailing craft, for private or commercial use.

Boat, yacht and jet ski products

Product	Type	What it is
Personal Watercraft Insurance	Yachts, boats and sailing craft	Loss or damage to the craft, third party liability, optional personal accident cover.⁶
Jet Ski Insurance	Jet skis	Comprehensive cover for loss or damage, with third party liability and optional personal accident cover.⁴

What the cover includes

Cover	With this insurer	Details
Loss of or damage to the craft	Included	The jet ski leaflet lists accidental loss of or damage to the vessel.⁴
Third party liability	Included	The leaflets say the policy also covers you for third party liability. The jet ski leaflet adds collision and passenger legal liability.⁴
Theft	Included	Listed on the jet ski leaflet.⁴
Negligence of crew	Included	Listed on the jet ski leaflet.⁴
Latent defect in the hull	Included	Listed on the jet ski leaflet.⁴
Water-skier's liability	Optional extra	An add-on on the product page.³
Personal accident	Optional extra	An add-on on the product page and both leaflets.³
Damage to sails, masts and spars while racing	Optional extra	The proposal form asks whether you want this cover.⁷

More cover details (1)

More cover details

Cover	With this insurer	Details
Trailer and personal effects	Optional extra	The proposal form asks for a value for each. Any single personal item of AED 500 or more must be declared separately.⁷

Check before you buy

Cover starts only once ADNIC has reviewed your proposal form and confirmed cover in writing, not when you sign the form.⁷
The proposal form asks for your cruising limits, the permanent mooring place and when the vessel was last surveyed. Answer these fully: a wrong answer can lead to a rejected claim.⁷
For a jet ski, ADNIC asks for the registration card unless the jet ski is new, and the value only for comprehensive cover.⁴

Policy documents

Personal Watercraft Insurance leafletLeaflet
Jet Ski Insurance leafletLeaflet
Yacht and Pleasure Craft Insurance proposal formProposal form

How to claim with ADNIC

Claims phone+971 2 408 0100
Claims phone+971 2 408 0552
Claims emailcomclaims.ma@adnic.ae
Claim onlineOpen claim page

Steps

Report the incident within 48 hours, with the required documents.⁵
ADNIC records the incident and emails you the next steps. It may appoint a loss adjuster or arrange a survey.⁵
You get an SMS with a claim reference number to track the claim.⁵

Documents to have ready

Policy number⁵
Police or coast guard report⁵
Registration card⁵
3 quotations from different garages⁵
Incident details, the current location of the jet ski and a contact for the inspection⁵

These steps are on ADNIC's jet ski claims page. If you email, ADNIC asks for the subject line "Commercial Lines Claims".⁵

Not happy with a claim? How to complain about an insurer.

About ADNIC

Legal name: Abu Dhabi National Insurance Company
Founded: Incorporated 9 September 1972 under Abu Dhabi Law No. 4 of 1972¹
Type: Insurance company writing personal and corporate cover⁸
Listed on: Abu Dhabi Securities Exchange, symbol ADNIC, listed 5 July 2003¹
Headquarters: Abu Dhabi⁸
Central Bank: Listed in the Central Bank of the UAE register, September 2026, number 1²

Financial strength

Rating agency grades

Agency	Grade	Covers	Date
AM Best	A (Excellent), Stable¹⁰	UAE company	30 Sept 2026
S&P Global Ratings	A, Stable⁹	UAE company	22 Apr 2026

Contact ADNIC

Sources

1Abu Dhabi Securities Exchange, ADNIC company profile. Last checked 12 Nov 2026. Source document: ADNIC company profile

2Central Bank of the UAE, CB Register September of 2026. Last checked 12 Nov 2026. Source document: CB Register September of 2026

3ADNIC, Personal Watercraft Insurance. Last checked 12 Nov 2026. Source document: Personal Watercraft Insurance

4ADNIC, Jet Ski Insurance leaflet. Last checked 12 Nov 2026. Source document: Jet Ski Insurance leaflet

5ADNIC, Jet Ski Insurance Claims. Last checked 12 Nov 2026. Source document: Jet Ski Insurance Claims

6ADNIC, Personal Watercraft Insurance leaflet. Last checked 12 Nov 2026. Source document: Personal Watercraft Insurance leaflet

7ADNIC, Yacht and Pleasure Craft Insurance, Proposal Form. Last checked 12 Nov 2026. Source document: Yacht and Pleasure Craft Insurance, Proposal Form

8ADNIC, About us. Last checked 12 Nov 2026. Source document: About us

9S&P Global Ratings, Abu Dhabi National Insurance Co. 'A' Ratings Affirmed; Outlook Stable. Last checked 12 Nov 2026. Source document: Abu Dhabi National Insurance Co. 'A' Ratings Affirmed; Outlook Stable

10AM Best, via Business Wire, AM Best Affirms Credit Ratings of Abu Dhabi National Insurance Company P.J.S.C.. Last checked 12 Nov 2026. Source document: AM Best Affirms Credit Ratings of Abu Dhabi National Insurance Company P.J.S.C.

11ADNIC, Customer Care. Last checked 12 Nov 2026. Source document: Customer Care

Owner: Yachtinsurance.ae research team
Last review: 12 Nov 2026
Next review due: 11 May 2027
Status: Published

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