Yachting is undoubtedly an active and wonderful type of recreation that requires careful preparation, knowledge and special insurance. Therefore, recovering on your yachting trip, depending on what role you perform, you may need different types of insurance.
Yes, each crew member on a yacht has a role to play.
First, everyone on the yacht is a member of the crew, crew-members who have overall responsibility for what happens on the yacht. The data of the crew members are recorded in a special crew-list, which is the official document confirming your right to stay on the yacht.
Secondly, the skipper is a person who has the necessary knowledge, experience and certification, and who is responsible for the safe conduct of the cruise, is responsible for the health of people on the yacht and the integrity of the yacht. Therefore, the skipper must be obeyed implicitly, take care of him: provide good nutrition and minimum 8 hours of sleep
When planning your trip on a yacht, you will come across several types of insurance: travel medical with a high level of risk, deposit insurance, skipper insurance, yacht insurance.
Let’s look into them.
Yachting is a holiday with a high level of risk to life. And therefore, each crew member must have insurance with an increased level of risk. The largest number of injuries are associated with domestic stay on a yacht – these are bruises, cuts, burns, bites of marine animals, sunstroke, etc. This type of insurance costs 10-25 euros and covers up to 30,000 euros for treatment.
It is worth spending money on it and be calm during the whole trip!
Charter boats usually have liability and hull insurance. Captain’s liability insurance provides important additional coverage for the captain and charter crew. Sometimes it may happen that the yacht’s liability insurance policy or the charter yacht’s hull insurance policy is not paid out or the sum insured or the insurance coverage is inadequate. These risks are covered by our extended captain’s liability insurance.
The captain’s liability insurance also covers claims brought against you by the charter company or your crew and prevents unfounded claims.
Just in case. God saves the safe!
Charter yachts are usually fully insured (hull insurance). Charter companies and their insurers usually agree on a deductible that applies when a claim is made.
As a rule, the deductible is equal to the deposit paid by the charterer. In the event of damage to a chartered yacht during a voyage, the charter company may withhold all or part of the security deposit.
Not every trip can be made. Insure it!
If the skipper is unable to board due to an insured event, the total cost of the charter trip will be reimbursed minus the deductible. If a crew member is unable to board the boat, their share of the rent is also covered minus the deductible.
Travel shortening is also insured. This insurance covers the unused portion of the charter fee (minus the deductible). Travel expenses to the charter destination as well as return travel expenses may also be insured.