What you were offered for liability is not enough. Minimum third party coverage for Italy
is 6 070 000 EUR for damages to persons (non-material damages) and 1 220 000 EUR for damages to objects (material damages). The insurance must also cover the dinghy
since it is compulsive for any boat
having a motor
(serial numbers for dinghy
required). Proof of valid insurance in national language is required and must be on board all the time as long as the boat is in national waters.
Insurers will provide this document along with documentation
in the national language of the other Med nations having compulsory third party insurance laws (Greece, Croatia
To say it bluntly, any insurance broker offering "Med third party" under those limits is incompetent.