Solution for Yacht Owners

This covers damage to the vessel and its components and equipment. This includes cases where you, as the insured, cause the damage yourself. IMPORTANT: Pantaenius will agree with you on an agreed fixed value on the policy, which will be reimbursed without deduction in the event of a total loss.

Advantages to you

• Adjustment of partial damage or loss without a deduction “new-for-old” 
• Salvage and wreck removal in excess of the value of the yacht 
• No deductible in case of total loss, burglary, loss or damage due to fire, lightning, loss or damage to personal effects and loss or damage solely attributable to the negligence of a third party colliding with the insured vessel while it is stationary.

The yacht Third Party Liability insurance comes into play when, if for example, an accident occurs during docking, and the damage is not only to your yacht but also to the berth or to other yachts. It also covers you in the event of an accident involving loss of life or permanent disability to others.

Coverage includes the following damages for which you are at fault

• Property damage
• Personal injuries
• Financial losses

This insurance covers the owner, family members as well as guests onboard the yacht for accidents resulting in permanent disability or death.

Cover is extended to accidents that occur:

• When using the dinghy
• During raising and striking of sails
• When the boat is in dry storage or being repaired
• During land lay-ups
• With watersport toys
• During charters