It is hereby noted and agreed that cover hereon is extended to include SAILBOAT
Racing, provided there is no International Yacht Racing Union Jury, and subject
to the following endorsement.
In consideration of the premium charged this policy is extended to include risks whilst racing or simulated racing, but excluding damage to Masts, Spars, Sails, Running and Standing Rigging and subject to the deductibles shown under sections ‘A’ (Hull), ‘B’ (Third Party Liability) and ‘F’ (Personal Property) being DOUBLED in respect of each and every loss arising from or during Racing and or simulated racing.
ALL OTHER TERMS, CLAUSES AND CONDITIONS REMAIN UNALTERED.