In this policy extension youll find the relevant conditions which apply to you and your charterers.
Yacht charter deposit insurance uk. The insurance demanded by the charter company is to cover the risk to me of my 3000 damage deposit being taken in whole or in part to cover damage that I incur on the boat. Skipper and crew are insured during private use of the chartered yacht tenders and watersports equipment and for trips ashore of. 49 030 214 082 -0 Mo-Fr.
The accident insurance in our charter package provides cover in cases of death and invalidity including a number of aspects that are not protected by general accident insurance. EIS - European Insurance Services GmbH Scharfe Lanke 109-131 D-13595 Berlin Fon. The amount represents the yacht insurance excess and will depend on the value of the yacht.
Ad Largest Fleet Of Yachts In SG. Specialist Yachting Holiday Insurance starting from just 1594 with cover for UK European and Worldwide trips available Inshore and Offshore sailing up to 150 nautical miles from land covered as standard and cover for Ocean sailing 150 nautical miles available for an additional premium. Charter Price Contingency Insurance.
If you choose to pay a Security Deposit only you will be asked to pay a sum of between 2250 and 7575 depending on the size of your boat as. It is paid on embarkation by credit card and returned at the end of your charter less any necessary deductions for damage to your yacht or to other yachts. Chartered yacht insurance requirements.
For example if an incident occurs and the charter company require you to pay the security deposit you would only pay the standard travel policy excess. The basis of this extension covers off several of the points mentioned above. The charter security deposit covers and equal to a deductible retention payable in the event of damage occurring.
The insurance coverage is always valid throughout a calendar year. If you charter a yacht between October1st and December 31st your insurance coverage will be prolonged to the next year. Cover is subject to terms and conditions.