NGI
NGI, National General Insurance, is a Dubai insurer established in 1980 and listed on the Dubai Financial Market. It insures yachts of all sizes, up to super and mega yachts, for damage and for liability to others.
NGI boat and yacht insurance
NGI's yacht policy covers the hull, machinery and equipment and your liability to third parties. Cover applies in the marina, ashore, at sea and in transit on land or on a trailer.
| Product | Type | What it is |
|---|---|---|
| Yacht | Yacht, including super and mega yachts | Loss of or damage to the hull, machinery and equipment, and liability to third parties.4 |
| Cover | With this insurer | Details |
|---|---|---|
| Hull and machinery | Included | Loss of or damage to the hull and machinery.4 |
| Equipment on board | Included | Listed as a key cover.4 |
| Third-party liability | Included | Your liability to third parties.4 |
| Pollution spill | Included | Listed as a key cover.4 |
| Where the yacht is covered | Included | In the marina, ashore, during navigation and in transit on land or on trailers.4 |
| Uninsured boater | Optional extra | Listed as an additional cover.4 |
| Personal accident for crew | Optional extra | Available on an optional basis.4 |
Check before you buy
- NGI says its page is not the full cover. Ask NGI for the policy wording, the navigation limits and the excess before you buy.4
About NGI
- Legal name
- National General Insurance CO
- Founded
- 19801
- Type
- Insurance company selling general and life cover1
- Owner
- A listed company. NGI names Dubai Investments and Commercial Bank of Dubai as key shareholders.1
- Listed on
- Dubai Financial Market, symbol NGI2
- Headquarters
- NGI House, Port Saeed Road, opposite Deira City Centre, Deira, Dubai6
- Also sells
- Motor, Medical, Travel, Home, Personal accident, Life, Property, Marine, Engineering, Liability1
- Central Bank
- Listed in the Central Bank of the UAE register, September 2026, number 613
Financial strength
| Agency | Grade | Covers | Date |
|---|---|---|---|
| AM Best | A- (Excellent), Stable5 | UAE company | 3 Jun 2026 |
Recent news
- AM Best affirms NGI at A-
AM Best affirmed NGI's financial strength rating of A- (Excellent) and its long-term issuer credit rating of a-, with a stable outlook.5
Contact NGI
- Phone+971 4 211 5800
- Emailcustomerservice@ngiuae.com
- Head officeNGI House, Port Saeed Road, opposite Deira City Centre, P.O. Box 154, Deira, Dubai
Common questions
Sources
6
1NGI, About NGI. Last checked 12 Nov 2026. Source document: About NGI
2Dubai Financial Market, Listed securities, equities. Last checked 12 Nov 2026. Source document: Listed securities, equities
3Central Bank of the UAE, CB Register September of 2026. Last checked 12 Nov 2026. Source document: CB Register September of 2026
4NGI, Yacht. Last checked 12 Nov 2026. Source document: Yacht
5AM Best, AM Best Affirms Credit Ratings of National General Insurance Company (P.J.S.C.), Dated 3 June 2026. Last checked 12 Nov 2026. Source document: AM Best Affirms Credit Ratings of National General Insurance Company (P.J.S.C.)
6NGI, Contact Us. Last checked 12 Nov 2026. Source document: Contact Us
- Owner
- Yachtinsurance.ae research team
- Last review
- Next review due
- 11 May 2027
- Status
- Published