The Professional Skipper's Liability Insurance covers the statutory liability ofthe policy holder in his capacity as professional skipper/master of a yacht up to a maximum of 100 tons.
Based on the General Terms and Conditions for Third Party Liability Insurance (AHB) and the Special Terms and Conditions for Professional Skipper's Liability Insurance (BSH 2008) the terms of the policy also extend cover to:
You can find examples of these 4 cases here.
The overall insured amount is EUR 5,000,000.00 for personal injury and damage to property. The total compensation payable for all insured events in a year amounts to twice this insured amount.
The boat liability insurance for the yacht you are sailing is always required to pay out first, meaning that the Professional Skipper's Liability Insurance always pays out on a secondary basis.