Superyacht Charter Cancellation Insurance
The charter industry is booming. In the hotspots of the Mediterranean and the Caribbean, today there is hardly a yacht that is not chartered out for at least some of the season. The promise of the competing charter brokers is the same: absolute privacy, exclusivity and comfort. In order to make the decision of a charter even easier and more convenient for their customers, Pantaenius now offers a Yacht Charter Cancellation and Abandonment Insurance. This ensures that the costs incurred in the event of a trip’s cancellation are reimbursed up to an amount of €1,000,000.
Thanks to a self-explanatory application form, the product can also be requested and purchased by the charter customer himself. As a special benefit, Pantaenius allows the naming of persons from the personal or professional environment of the policy holder whose serious illness or death makes it impossible to travel and thus triggers an insured event.
The Superyacht Charter Cancellation Insurance is a product of Ergo Versicherung Düsseldorf and is exclusively sold through Pantaenius Versicherungsmakler GmbH.
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Cover for cancellation or abandonment
Cover for cancellation or abandonment costs of up to 1,000,000 €
Reimbursement for the curtailment
Reimbursement for the curtailment of the yacht charter
Up to 12 insurable Persons
Up to 12 insurable persons without whose attendance the charter might have to be cancelled
No medical Declarations
No medical declarations needed for charter trips up to 150,000 €
Cover for additional persons
Extra insurance cover for additional persons such as business associates or family members onshore