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Pantaenius launches insurance packages for yacht and boat charter holidays


Pantaenius GmbH has recently introduced a Charter Insurance policy specifically developed for the Italian market, aimed at skippers and their crews who charter boats privately for a limited period of time.

The new policies are based on Italian law and, for maximum transparency, are managed entirely in Italian from online purchase to documentation and claims settlement. The insurance cover of the policies refers to a skipper and up to nine crewmembers for a single charter trip of up to 28 days. 

„Even the most beautiful time of the year is not entirely free of risks“, said Christian Koch, Managing Director Pantaenius Monaco. „ If you cause damage to a third party when using a chartered yacht, if the trip has to be cancelled due to illness or cannot be started at all or if the deposit is withheld due to a little inattentiveness during port maneuvers, this can quickly have considerable financial consequences. The joy of the holiday is gone and within the crew there is often a discussion about who is actually responsible for the damage.”  

Pantaenius‘ Charter Insurance can be taken out as a so-called „Charter package“ in four different levels. Whilst skipper’s liability and trip cancellation costs insurance are included as standard, bond, travel health and personal accident insurance are included depending on the package chosen.

In the event that the bond insurance included in the chosen package is not sufficient, „Bond Insurance Plus“ can be taken out as a supplement to the charter package online until the takeover of the charter yacht. If other insurance policies are already in place and only bond insurance is required, BOND PLUS is also available as a standalone product and can be taken out without any charter packages.

Christian Koch comments: „Pantaenius has a well-established reputation for offering high quality insurance products and the Italian Charter policy is no exception to this rule. Based on Pantaenius‘ renowned Charter Insurance, our offer can eliminate a whole host of worries that the customers may have when choosing the charter“.

The insurance cover is valid worldwide and is available online. 

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