Why to choose Pantaenius?

Agreed fixed value policy –there is no option for insurers to replace your yacht with one of a similar age and value.
Cover as standard for the breakage and permanent distortion (which affects structural integrity) of masts and spars. This is included as an insured peril in its own right – no other peril needs to have operated.
Consequential loss of wear and tear covered provided another insured peril has operated.
Cover for damage, up to a limit of £20,000, to the main engine due to the failure of components where the engine is less than five years old.
Cover for breakage of shafts, struts and propellers.
Rodent damage covered.
Automatic cover if you have to depart from your agreed cruising area for up to 72 hrs.
Racing is usually covered as standard but all proposals are individually assessed and special conditions may be applied to the sportier yacht.
No requirement for vessel to be ashore during winter months – cover is based on 12 months in or out of commission.
Boat’s inventory and equipment covered whilst in winter storage.
Fast and efficient claims handling.
24 hr Emergency claims helpline manned by experienced Pantaenius staff.
No ‘due diligence’ or ‘seaworthiness’ warranties to enable insurers to avoid claims.
Contribution to emergency accommodation or repatriation in the event your yacht is rendered uninhabitable abroad by an insured accident.
Usually no crewing restrictions for experienced owners
Wider range of cruising areas.
No additional charge for monthly direct debit payments
Easy changes to policy/communications by phone, email, fax
Worldwide support network
Protected NCB Scheme
Dedicated, well trained customer support and sales team - no functions outsourced to call centres or fulfilment houses.

More reasons to choose Pantaenius

Unique policy wording that is described in the Yachting Press as ‘probably the best available’

When Harald Baum, international yachtsman and founder of the Pantaenius Scheme drafted his unique clauses in the early 1970’s he wanted to ensure that his policyholders would have true peace of mind and, if the unthinkable happened, the insurers would be there to pick up the pieces quickly and without prevarication. He therefore wished to produce the broadest cover, in the simplest language and without ambiguous references to such terms as ‘due diligence’, ‘seaworthiness’, ‘average’ or similar terms which are commonly contained in other marine policies and which can become a bone of contention between the insurers and the insured.
The Pantaenius clauses were described as 'probably the best available’ in an article comparing UK marine policies.

First-rate customer service with particular emphasis on claim response;

Pantaenius has been settling yacht claims around the world for over 30 years.
We understand, and are sympathetic to, the frustrations of the owner who is denied the use of his boat following a claim incident and therefore we work quickly to resolve any issues and to authorize repairs. This is of course a two-way street and there is much the owner can do to speed the process (see What to do in the event of an incident)

Pantaenius won many plaudits for its handling of the aftermath of hurricane ‘Ivan’ in Grenada and that is the standard of response we strive to achieve in every case.

We have available a huge network of surveyors around the world and it is likely that we can source someone locally - if not, and if the situation demands it, we will fly someone in.

But service is not only about claims-handling. It is also about the more mundane matters of cruising area extensions, re-valuation, travel insurance, payment and for these and a host of other policy queries you will always find a friendly voice to answer your call; you will not be asked to make 3 or 4 selections on your touch tone telephone before being advised that line is busy!

A truly international company with over 65,000 clients worldwide;

With offices in Germany, Austria, Monaco, Spain, Denmark, Sweden, USA as well as the UK, Pantaenius is a truly international company. From these offices we insure more than 65,000 boat owners around the world often in areas where others fear to tread……

More than just hull and third party insurance;

Pantaenius can also offer additional protection for owners, crews (paid and unpaid) and guests. Please ask us about Personal Accident and Travel or for those with employed crew; Employers Liability and crew accident and/or crew medical cover. We can tailor a package to match your requirements.

Claims with a difference

The true test of any insurance policy is in the handling of a claim; does the insurer prevaricate, unnecessarily delay settlement or seek to avoid the claim altogether by using some small print in the policy conditions?

Pantaenius has been arranging insurance for yachts, and resolving their claims, around the world for more than 30 years and has, during that time, built up a formidable network of agents, surveyors and repairers. No matter where you are in the world, if the situation demands it, we will quickly get someone to you.

We continually receive the thanks of those clients who were unfortunate enough to be involved in a claim incident but who were fortunate enough to be insured by Pantaenius. A small selection of those who ‘Discovered the Difference’ is shown below.

Sir Anthony Greener
“I hope we are at the end of a very long road and I would like to thank you and Pantaenius for your outstanding service and support. It has been an exemplary (and very unusual) experience for a client.”

Mr. David Evans
“Why would I ever try to buy the cheapest insurance? I now have a self-satisfied glow that I made the right decision by buying the BEST insurance. This was brought about by listening to a friend who had a claim with yourselves. His claim was equally well handled by Pantaenius and that experience persuaded me that what I needed was the best, not the cheapest!”

Dr. H. Chadwick
“I would like to thank Pantaenius and especially yourself for the way in which you have dealt with things, as losing one’s boat, especially in such dangerous circumstances is quite a traumatic event. I was very grateful for both the immediate help and advice that I received and the subsequent help with managing the situation and the rapid settlement of the insurance issues.”

Mr. Dave Leaning
“Thanks for all your help throughout this claim, one reads all sorts of insurance horror stories in the yachting press but I don’t think I could possibly have received any better service. It made a difficult process painless.”