The Insurance part of that proposal is easy to answer. Most Marine
insurance is out to the 200mile marker. NZ's rescue
area is far beyond that. So it would be impossible to insure against.
As for liability, well that is covered by the fact that there is a list of requirements to meet. You meet those requirments before you head
off. If something happens, then as long as the requirements were met, no one is accountable to anything. It's the old story of all care and no resposiblity.
The fact that so far you have had to buy the rules is really (well IMO anyway) a mirror of the beaurocratic BS or an organisation that gets set up in this country. NZ is a land of "User pays". You can also interpret that as "suckers pay". But we have no alternative but to pay, get our little book of rules, set the boat up and have it inspected and off we go into the wild blue yonder following the Sunset over the Horizon.
Now in all fairness, the requirements mostly, are actually good common sense and I feel much better having my boat set up with those requirments. There are just a couple of points that seem to go a little overboard
, but from what I have heard, those real sticky rules apply to the one off true blue racing
vessels. Just so as you understand that comment, our Cat 1 requirments are actually Racing requirements that also cover recreational boats leaving NZ.