CHICAGO--(BUSINESS WIRE)-- As winter finally turns to spring and boating season gets underway, BoatU.S. and CNA announce their continued joint commitment to providing Marine insurance coverages to recreational boaters across the country. Together, BoatU.S. and CNA offer a variety of coverages for boats of all types, from yachts to personal watercraft – with policies offered on an Agreed Hull Value, Actual Cash Value or Liability Only basis.

This year, there are a number of new policy benefits available to policyholders:

• Diminishing Deductibles, a benefit that automatically discounts the hull deductible by 25% each year the policy remains claim-free.
• Water Sports Package provides protection for water sports equipment, including coverage for skis, wakeboards and inflatables, along with increased medical payments.
• Premier Value Package for smaller boats, offers increased medical payments, higher personal effects limits, ice and freezing coverage and a depreciation waiver for boats aged 10 years and under.
• And, for Anglers who fish by boat,additional coverage is available for fishing equipment and gear along with cruising area extensions covering all of North America.

Established over four decades ago, BoatU.S. (Boat Owners Association of The United States) is the nation’s leading advocate for recreational boaters, providing over half a million members with government representation, programs and money-saving services. The Marine Insurance division is renowned in the industry for providing unique coverages and unparalleled underwriting and claims service - delivered by boating experts who share boaters’ passion for spending time on the water. For more information or a free boat quote, please call 800-283-2883, or apply on line at www.BoatUS.com/insurance.

As one of the country’s top writers of Ocean Marine insurance – in addition to the coverages offered in the BoatU.S. program – CNA offers a full range of coverages including Ocean Cargo, Hull and Protection & Indemnity, Primary and Excess Liabilities, Boat Dealers / Marina Operators Liability, as well as related Inland Marine and Property coverages.

Serving businesses and professionals since 1897, CNA is the country’s seventh largest commercial insurance writer and the 13^th largest property and casualty company. CNA’s insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products may not be available in all states. CNA is registered trademark of CNA Financial Corporation. For more information, please visit CNA at www.cna.com.

Source: CNA

CNA

Katrina W. Parker, 312/822-5167