Charter consequential loss insurance

You are liable for the loss of the follow-up charter caused by you!

The solution: Charter consequential loss insurance from YACHT-POOL!

There is a risk that you will cause damage to the charter vessel and therefore the vessel will no longer be operational in time for the subsequent charter and because you can be held liable by law or on the basis of the charter contract for the charter loss.

The charter consequential loss insurance covers justified recourse claims due to charter failure from the fourth day of the follow-up charter up to EUR 25,000. Because you can charter wherever you want, as often as you want, whichever ship you want and for as long as you want – worldwide!

IMPORTANT NOTICE:

There are competitive offers that include consequential loss insurance in the skipper’s liability insurance. We consider this to be only a conditional security. Because due to
of the General Liability Conditions (AHB), consequential costs will only be paid if you
are legally obliged to do so under the respective state laws.

Because this is often not enough for the charter companies, it is sometimes agreed in the general terms and conditions of the charter contract that the charterer must also pay the consequential damage costs caused by him (this may replace the statutory regulation with a private contractual agreement). However, private agreements are not covered by the AHB. That is why our terms and conditions state:

“Consequential damage is covered

  • due to legal liability and
  • contractual agreement.”

A small difference with a big effect.

The advantages of YACHT-POOL charter consequential loss insurance at a glance

Further insurances for charter skippers:

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