Insurance

Minimise the risk for the skipper and crew

Extended third party skipper insurance for charter skippers
The third party skipper insurance, as your contract partner covers high claims and fights false claims.
Also insured according to the contract:
* Damage to a chartered yacht in a case of proven gross negligence
* Third party insurance for the whole crew and against each other
* Coverage of up to Euro 50,000 for impoundment of the boat in foreign ports
* Coverage of up to Euro 20,000 for claims by the owner for lost charter income incurred by serious damage.

The yearly insurance premiums are:
* Sailing boats only: Up to 10m = Euro 70 / over 10m = Euro 95
* Sailing and motor boats: Up to 10m = Euro 80 / over 10m = Euro 120

Travel cancellation – including skipper cancellation insurance for chartered pleasure yachts

The insured is whoever is listed by name in the application with his proportion of the insurance amount. The insurance can only be contracted within 14 days of receipt of the booking confirmation.

The insurance cover will be offered for the failure of payment by charter companies or for other contractually due cancellation costs, which originated from the disruption of travel or subsequent additional return costs, proven return journey costs, additional expenses for booked services which were not used (as long as these have been accounted for in the creation of the insurance sum) such as flights, hotels, and/or transfer costs, if you cannot go on your charter trip because of important reasons specified in the insurance conditions or if your trip must be prematurely ended. The insurance amount is equivalent to the proportionate travel price (i.e. flights, transfers, charter price, hotel etc.) the premium is 4% of the proportionate insurance amount with a minimum premium of Euro 35.

Deposit Insurance for chartered pleasure yachts
The amount retained as the deposit for the chartered yacht for all danger which could occur during the duration of the insurance : Accident, sinking, fire, lightning, explosion, earthquake, seaquake or other natural catastrophes, theft or mugging. The premium amount is 7.2% of the amount of a deposit of up to Euro 2,200, the retained amount in every damage case is Euro 72. The insurance must in every case by concluded before the start of the charter.

Prices not guaranteed 08/2007.

The above text is believed to be correct, for exact details or individual advice please call EIS insurance on +49-30 214082 0, or visit www.eis-insurance.com, where you can find all insurance conditions and application forms.