Third party boat insurance, as it is often called, provides cover for damages that the owner, guests or crew have caused against a third party in conjunction with the use of the vessel, including collision and over-the-side / water sports activities / diving for guests.
Pantaenius, experts in marine liability insurance, also provide cover that not only repairs the damages but also defends you against unjustified claims. The insurance can be taken out by the owner and covers him, the skipper and the crew, all over the world. This policy covers damage to persons, property and assets.
Pantaenius Yacht Third Party Liability Insurance has several advantages:
Reliable all-round protection
Personal injury, as well as material and financial damage, are covered all over the world. This also applies to claims by crew members, for example against the skipper or against other crew members.
Nothing to gain from the other Party?
If a third party is guilty of damaging your vessel, but you cannot recover any costs, e.g. due to the other party’s insolvency, our yacht liability conditions cover this.
Rescue system triggered? Don’t worry!
If you accidentally trigger one of your rescue systems, e.g. EPIRB or DSC, the resulting search and assistance costs will be reimbursed.
Protection for the skipper
With our yacht liability conditions, you are also automatically insured as skipper of a hired or chartered motorboat or sailing Yacht.
Pure regatta fun
Our yacht liability insurance covers regatta risks as Standard.
Defence against unjustified claims
Legal defence against unjustified claims for damages by third parties is also automatically included.
Additional sports equipment
Damage arising from the use of dinghies and watersports equipment belonging to the vessel is also insured.
Damage arising, for example, from water contamination, including groundwater, is covered.