Pantaenius Skipper Third Party Liability
“As skipper, you are personally liable, to the extent of your assets, for all damages you cause to third parties through the use of another’s yacht.”
Pantaenius skipper liability insurance offers a skipper cover throughout the year against damages which occur during the use of another’s yacht. The cover takes effect when the yacht’s own liability insurance cannot be applied. The use of dinghies and other water sports equipment is also insured. This insurance is available to both private and commercial skippers..
The scope of this annual insurance is worldwide and covers Skippers for property damage and / or personal injuries. It applies for yachts (private pleasure craft) and not for commercial ships i.e. passenger ships, ferries etc.
Summary of additional cover:
- Defense of unjustified claims
- Water pollution
- Costs in the event of yacht arrest of up to EUR 100,000.00
- Loss of follow-up charters of up to EUR 20,000.00
- Damages to the skipper-helmed yacht due to gross negligence
- Limit for Pecuniary Damages is EUR 250,000.00
- The maximum sum of indemnity for personal injury: EUR 3,000,000.00 per person
Please note that insurance can only be provided for residents of the European Union, Switzerland, Liechtenstein, Norway or Iceland. Persons with permanent residence in Spain or Italy or else Italian citizenship cannot be insured for fiscal / legal reasons.
Please note that the Pantaenius skipper liability insurance is an annual policy. The contract will automatically be extended for another year if not canceled in writing three months before the end of the contract year.
Please contact us for or any further questions:
Pantaenius Sales Team
Tel: +43 1 710 92 22