If the skipper is rendered incapable through an insured event/ circumstance, the costs of the entire charter sailing trip will be compensated with a deduction for the payable excess (deductible). If a crew member is rendered incapable, this insurance will pay the appropiate proportional amount of compensation less the payable excess (deductible). The curtailment of travel during the sailing trip is also insured.
The unused proportion of the charter fee, less the excess, is covered by this insurance. The costs of travel to and from the location can also be insured.
The cancellation of travel costs insurance will pay compensation as follows:
- If the skipper is unable to be present at the start of travel and the entire charter must therefore be cancelled, the policy will pay the incident cancellation costs in respect of the skipper and crew.
- If a crew member is unable to start the travel, the policy will pay compensation for the proportional charter price for that crew member.
- The cancellation of travel costs insurance, moreover, will compensate the unused part of the charter fee if the sailing trip is curtailed due to an insured event/circumstance.
If required, the insolvency of the charter yacht operator can also be included - more information can be found here.
Information on the cost-effectiveness of our premiums can be found on our Application page.
ImportantPlease always make sure to cover the total sum of costs. In case of including travel costs (e.g. flights) add these completely to the price of the charter. If the total amount of costs is exceeding the sum insured, the insurance will not pay in case of a claim.
Please note:
- Due to technical insurance reasons we offer this product olny for residents of EU Member States (except Cyprus and Malta). We are sorry but ALL other nations, we cannot insure.
- Cancellation of travel costs insurance must be arranged no later than 14 day after the travel booking is made. If there are less than 30 days between the booking and the time of travel, the insurance must be arranged concurrently with the booking. The full scope of the agreement is based on the General Terms and Conditions for Cancellation of Travel Costs ABRV.
- For non-German residents the insurance tax of the home country is valid, nevertheless the total premiums listed here do not change.
- Please make sure to add any possible banking fees which are payable by the policy holder.
