Yes, you need to have marine insurance when you apply for a loan with us. It’s best to have insurance prior to sending us your boat loan application. We require all finance customers to have a valid certificate of currency issued by the insurance provider. This document confirms that you have an insurance policy, which also specifies the conditions of the insurance, its policy type, and premium payments. If you do not have the document in your hands, you can request a copy of your certificate of currency from your insurance provider.