What is covered?
Partial or total loss of the deposit to the charterer as a result of destruction or damage to the chartered recreational vessel caused by the negligence of the insured skipper or crew.
Scope of insurance coverage also includes:
- Dinghy including outboard motor
- Gelcoat
- Basic and additional sails (including careless handling, tearing due to sudden gusts of wind, etc.)
- Loss or other damage to the winches
- Liability insurance — also covers damage caused to crew members by the skipper and his operation of the vessel. It does not cover damage caused by the insured on the chartered vessel. Details here.
- Insurance for technical defects – NEW coverage for costs incurred to repair serious technical defects that prevent safe sailing.
You can find the complete coverage details and insurance terms HERE.
Terms and conditions of the EXTRA variant
- Payment is subject to proven damage or destruction of the chartered vessel
- Proof of fault for the damage — the crew or skipper caused the damage
- The insurance covers only the crew and skipper with EU citizenship, regardless of their nationality
- The insurance does not cover areas of countries subject to current sanction restrictions and does not cover damage caused by a person subject to sanction restrictions
What is not covered?
The insurance does not cover (exclusions) damage caused:
- Intentionally by the skipper or crew of the vessel
- As a result of the use of alcohol, or narcotic or psychotropic substances
- In connection with extraordinary events — e.g. war, mutiny, nationalisation, confiscation...
- In the event of the vessel being captained by a person without the appropriate authorisation, evidenced by a generally recognised document of qualification (i.e. the vessel must not be sailed without an authorised captain)
- When sailing in an area for which the vessel has not been approved
- In the case of the vessel being in an unseaworthy condition, if it has already occurred and was apparent before departure
- Unjustified withholding of the deposit as a result of an event not caused by the insured, the skipper or their crew
- Any financial loss (e.g. seizure of the boat due to violation of laws, late return of the boat)
- During races and regattas, including preparation for them — additional insurance may be taken out if necessary
- Liability insurance does not cover damage caused by the insured on the chartered vessel.
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