Charter Insurance

Please note that travel cancellations and travel interruption caused by the SARS-CoV-2 virus are excluded from travel cancellation costs insurance until further notice. There is also no insurance cover in the event that the chartered yacht is not available due to illiquidity of the yacht agency or the charter company. This temporary change applies to all contracts concluded from 18.03.2020 onwards.

Please Note

Charter insurance is available for associations (with no commercial use) and for natural persons who have their permanent residence in the European Union, Switzerland, Norway, or Iceland. Individuals residing in Italy can only obtain insurance through Pantaenius GmbH in Monaco. Unfortunately, individuals with permanent residence in the United Kingdom (UK) are no longer eligible to take out our charter insurance post-Brexit, but they can still be included as insured persons. For associations interested in obtaining insurance, please reach out to Pantaenius directly. It's important to note that charter companies, charter agencies, and paid skippers are not eligible to purchase charter insurance.

For Trip Cancellation Cost, Travel Health, and Personal Accident insurance, only individuals with their permanent residence in the European Union, Switzerland, Norway, Iceland, or the United Kingdom (UK) can be insured, including the skipper. However, for Deposit Insurance, the insured person's domicile is irrelevant.

On the other hand, Skippers and crew members are excluded from insurance coverage, regardless of their place of residence, if they do not participate in the charter trip exclusively for sporting or pleasure purposes and if they receive remuneration or payment for their presence on board.

As the policyholder, you can claim your insurance directly from Pantaenius. GotoSailing.com is not the insurer and any claims should be requested directly from Pantaenius.

Overview of Our Charter Insurance

Enhance your peace of mind during your most cherished time of the year with our market-leading insurance solutions tailored specifically for charters.

Deposit insurance covers the full or partial retention of the deposit amount by the charter company for damage that has occurred to the chartered boat, including the motor and dinghy. Whether justified or unjustified.

Available options:

• Deposit amount from €500 to €20,000, selectable in €500 increments.

In the event of cancellation by the non-commercial skipper, one or more crew members, the Trip Cancellation Insurance reimburses the contractually owed cancellation costs for charter and arrival and departure, as well as the additionally incurred return travel costs and pro rata charter costs in the event of interruption of the trip. If selected, additional accommodation costs immediately before or after the charter trip are also insured.

Available options:

• Travel costs from € 1,000 to € 40,000, selectable in € 1,000 steps.
• with or without excess
• Additional cover against insolvency of the charter or travel provider. Please note that there is always a 10% excess within this additional insurance.

Skipper's Liability Insurance provides cover for damage to third parties culpably caused by the skipper or crew through the use of the chartered boat and any dinghies. Damage caused to the charter vessel due to gross negligence and claimed e.g. via the hull insurance of the charter company is also included. Further components are: Charter loss cover, seizure cover, hotel and transport costs cover and financial losses.

Available options:

• Sum insured of € 5 million or € 10 million applies for property damage and personal injury. Financial losses are always covered up to € 5 million.

In addition to the costs for medical treatment, medication costs and hospitalisation, the foreign travel health insurance reimburses the return transport of the patient to the home country as well as the repatriation costs in the event of death.

Accident insurance offers protection in the event of death or disability, including numerous benefits that are not covered by general accident insurance. Skipper and crew are insured during private use of the charter yacht, dinghies and water sports equipment as well as during shore excursions of up to 48 hours.

Pantaenius no longer offers the previous packages. You can now put together your own personal charter package, tailored entirely to your needs. This allows you to take out only the cover you need for the trip you are planning.

You only want to insure the deposit, but you also want to take out a travel health insurance?

This was not possible in the past, but it is now.

You already have an annual Skipper Liability Insurance?

Then you don't need to take out this cover again in addition.

Packages that have already been taken out cannot be cancelled outside the cancellation period.

But you can still add any cover that may be missing from the package you have already purchased and take out an additional contract. The deadlines for taking out a Trip Cancellation Costs Insurance must be observed.

Basically no, not necessarily.

The modular system makes the conclusion more flexible and only the coverages that are really needed for the charter trip need to be concluded.

For the pricing of the individual covers, we have used the experience of the last 20 years and the thousands of reported claims to calculate the premiums according to the risk in connection with the charter duration and the number of insured persons.

Previously, 2 or more packages had to be purchased to cover more than 10 persons. This is now no longer the case, as up to 16 persons can be insured within one policy. The premium will probably be lower as a result.

You rent a small motor boat for only 2 or 3 days? The insurance premium will most likely be significantly lower.

You book a charter trip for 3 weeks and want to insure 16 people? It is likely that in this case the premium will be higher. On the other hand, more participants are sharing this cost.

In addition to the flexibility, there are some interesting new features:

• up to 16 people can now be insured on one policy
• charter trips of up to 60 days can now be insured
• hotel stays (or houses, apartments or similar) booked directly before or after the charter trip can now also be insured
• the coverages are now also valid if you have not chartered the whole vessel but only one or more cabins.

The Deposit, Skipper Party Liability, Travel Health and Pesonal Accident insurance can be taken out or added up to the day of the contractual start of the charter trip.

The Trip Cancellation Cost Insurance can be taken out until the takeover of the boat if your charter contract was concluded within the last 21 days before the start of the charter trip.

In addition, the Trip Cancellation Cost Insurance can always be taken out up to 30 days before the start of the charter.

The insurance cover begins:

• for the Trip Cancellation Cost Insurance, on the date stated in the policy
• for the Travel Health Insurance with the crossing of the border into the foreign country
• for the Personal Accident Insurance with the start of the travel
• for the Deposit and Skipper Liability Insurance with the start of the charter trip (takeover of the chartered boat / occupancy of the chartered cabin)

The cover is valid for a voyage of a maximum of 60 days, including pre-booked overnight stays directly before or after the charter trip if those overnight stays have been insured in addition to the chartertrip. The cover of the Deposit and Skipper Third Party Liability Insurance is limited to the duration of the chartertrip.

Trip Cancellation Cost Insurance and Personal Accident insurance end with the end of the voyage.

For the Travel Health insurance, the cover ends with the end of the stay abroad.

The coverage for the deposit and skipper liability insurance ends with the termination of the booked charter trip (return of the chartered boat / leaving the chartered cabin).

Of course, each cover ends at the latest, with the expiry of the agreed insurance period.

Charter insurance can only be taken out by an association (with no commercial use) and by natural persons who have their permanent residence in the European Union, Switzerland, Norway or Iceland. Persons with Italian residence can only take out insurance in Italian through Pantaenius GmbH in Monaco. Since Brexit, persons with permanent residence in the United Kingdom (UK) can unfortunately no longer take out our charter insurance, but can be an insured person.

If you would like to take out a contract for an association, please contact us.

Charter companies, charter agencies and paid skippers cannot take out charter insurance.

Only persons who have their permanent residence in the European Union, Switzerland, Norway, Iceland or the United Kingdom (UK) can be insured persons or the skipper under Trip Cancellation Cost, Travel Health and Personal Accident insurance.

For the Deposit Insurance, the domicile of the insured person is irrelevant.

Excluded from the insurance cover, irrespective of the place of residence, are skippers and crew members who do not participate in the charter trip exclusively for sporting or pleasure purposes and who, for example, receive remuneration/payment for their presence on board.

Only the private use of the vessel by the charterer for sport and pleasure purposes is insured. Chartering a vessel with the purpose of offering the entire vessel or individual cabins of the vessel for charter is not private use by the charterer and can therefore not be insured.

A maximum of 16 persons per charter trip can be insured. It is not permitted to take out further insurance policies for one and the same charter trip.

Please note that the maximum number of insured persons at any one time on board may never exceed 12. More than 12 persons can therefore only be insured if there is a crew change. Should more than 12 persons participate in the charter trip at the same time, only the first 12 named on the crew list are considered insured.

Yes, you can make all additions, changes and deletions to the crew online in your LOGIN as soon as you become aware of them and thus update the crew list, but no later than departure.

Yes, the cover is also valid for charter contracts when only a cabin is chartered and not the entire vessel.

Actually there is nothing to consider, your insurance is valid whether you have booked the entire vessel or just one cabin.

However, you should check whether all the covers offered fit your trip and whether it makes sense to take them out. For example, if you are on the vessel as a crew member, the skipper's liability insurance would cover your activities as crew.

No, it is not possible to apply for insurance coverage for visitors.

No, not necessarily.

No the policy holder does not necessarily have to be a member of the crew.

We require that the skipper has a licence if such licence is mandatory.

No. The commercial skipper, whether provided by the charter company or hired and paid for privately by you, is not covered under any of the coverages. The unavailibility of a paid skipper does not entitle you to cancel the charter trip and consequently there is no cover under the Trip Cancellation Costs Insurance.

The crew list is required if you wish to take out Trip Cancellation Costs Insurance, Travel Health Insurance, Skipper's Liability Insurance or Personal Accident Insurance. Only the persons named on the crew list are insured.

Yes, indeed. As a member of the Kreuzerabteilung or SBV, you are entitled to a 10% discount on our premiums.

To take advantage of this discount, please log on to their website with your login details and take out your desired Pantaenius insurances for charterers from there.

Rescue costs of persons are covered up to € 50,000 under the Personal Accident Insurance.

Costs for hotels, houses, apartments or comparable overnight stays are insured directly before and after the charter trip, provided you have requested coverage for these overnight stays and they are included in the duration for the total travel. Do not forget to include the relevant costs in the total for the Trip Cancellation Insurance.

Regardless:

under the Skipper Liability Insurance, in the event of damage to the chartered vessel caused by the policyholder or an insured person, which makes the planned return trip during the charter period to the charter base or other final destination port impossible, proven costs for hotel and travel expenses to the agreed place of delivery of the boat will be reimbursed up to a total amount of EUR 1,000.

If the skipper becomes unavailable due to an event covered by the insurance, a full cancellation of the charter trip is insured.

If the paid skipper becomes unavailable, this does not entitle the charter to be cancelled, partially or totally.

If one or more crew members are unavailable for insured reasons, the pro rata charter costs, as well as the cancellation costs incurred for the individual arrival and return journey and for the overnight stays in hotels, houses, flats or comparable booked directly afterwards before or after the charter trip are insured.

No, Pantaenius waives the objection of underinsurance in the Deposit Insurance. Unlike most of our competitors, you can therefore determine the amount of the deposit you want to insure yourself within the limits of the sums we offer.

In principle, the contractually agreed cancellation or withdrawal costs are insured up to a maximum of 100% of the charter trip and the associated arrival and departure by plane, train or bus.

If you wish, you can also insure the cancellation costs for accommodation booked directly before or after the charter trip (hotels, houses, apartments or similar). You must specify the extended travel dates accordingly when taking out the insurance and include their costs in the sum insured for the Trip Cancellation Costs Insurance.

Add to the price of the charter (excluding running costs such as petrol, food, petty cash etc) the arrival and departure costs for each person to be insured.

To this amount, please add the costs for the overnight stays booked before or afterwards (hotel, holiday flat etc.), should you wish to insure these cancellation costs as well.

Unfortunately, this is not possible. 40,000 EUR is the maximum sum insured for the Trip Cancellation Costs insurance. However, you can insure 40,000 EUR even if you have higher costs.

Absolutely. In the event that the vessel you have booked is not available due to such an insolvency, you can take out optional cover in the Trip Cancellation Costs Insurance. There is a deductible of 10% of the claimed amount.

Yes, add the amount of the deposit listed in the charter contract to the excess also listed there, this amount is then the maximum amount of cover that you can insure in the deposit insurance.

You may withdraw the contract within 14 days with no explanation required (i.e. via letter, fax, or e-mail). This is outlined in section six of the General customer Information.

Individual parts of the cover cannot be cancelled or changed. The covers are combined with a modular system and form a unit.

You no longer want one particular cover after all? In this case, your charter insurance must be completely cancelled within 14 days of the initial purchase and taken out again.

If you have not taken out a cover (for example the Personal Accident Insurance) immediately, you can also take it out as a separate contract at a later date. Please be reminded that there are deadlines for taking out the Trip Cancellation Cost Insurance.

No. All additions, changes and deletions to the crew can only be made online in your LOGIN before departure.

Complete the crew list for your policy in full. Only crew members named on the list are considered to be insured.

Unfortunately, for technical reasons, it is not possible to change the contracts either online or offline. You must conclude and also pay for the complete insurance contract again identically with all originally selected coverages and of course with the corrected number of persons. Once the new contract has been concluded, it is essential that you inform Pantaenius in writing about the change and the second purchase so that we can cancel the original contract and reimburse the policyholder by transfer to her/his bank account for the premium initially paid. A refund on the credit card used for payment is not possible.