Included in the yacht liability insurance are, among others:
the personal legal liability of the skipper and other persons authorized to operate the vessel,
the ownership and use of tenders with a drive power of up to 60 hp,
the legal liability arising from the towing of water skiers and paragliders,
the personal legal liability of water skiers if and as long as being pulled by the vessel (subsidiary),
the legal liability for damage occurring during participation in sailing regattas or during the associated transfer trips,
the legal liability of the insured persons if they are called upon by a boat in distress to render assistance, and damage is caused to the ship in trouble as a result of this corresponding assistance measure - e.g., a line connection,
the personal legal liability of the policyholder and the co-insured persons arising from the driving or operation of third-party watercraft and their equipment, inventory, and accessories (subsidiary),
liability claims of co-insured persons among each other for personal injury, which are not work-related accidents in the policyholder's business, as well as damage to property,
the legal liability arising from damage to rented storage rooms and jetties (up to EUR 200,000) rented for private purposes for the accommodation or storage of the yacht,
the legal liability for financial loss arising from insured events that occurred during the validity of the insurance policy,
the policyholder's legal liability for direct or indirect consequences of changes in the physical, chemical, or biological quality of a body of water, including groundwater (water damage).
Within the scope of the yacht's fully comprehensive insurance, the following are insured, among others:
genuine all-risk cover,
in the case of partial damage: "new for old" (without deductions),
non-named personal effects and non-fixed equipment and accessories up to 2% of the sum insured,
assumption of transport costs to the shipyard and back, expenses for salvage, salvage attempts, and, if necessary, disposal up to 2,000,000 EUR (in addition to the sum insured),
expenses of the policyholder to avert and mitigate a loss up to an amount of 50 % of the sum insured,
after grounding, inspection costs of the yacht without a deductible,
abroad, the organization and cost absorption of a replacement skipper in case of unforeseen illness of the skipper (up to 1,100 EUR) to the port of departure or destination,
in the event of a total loss: agreed sum insured minus residual value,
consequential damage to yacht and boat due to rain, snow, heat, oxidation, rodents, wear and tear, construction faults, manufacturing or material defects,
no deductible in the event of a total loss of the yacht, burglary of the effects, equipment, and accessories that are not permanently installed,
no deductible for damage caused by lightning and transport, collision, and fire damage caused solely by third parties,
no deductible in the event of theft of the outboard motor when equipped with a GPS/GSM transponder.
The yacht passenger accident insurance includes, among other things:
the worldwide scope of application for insured yachts and their tenders as well as boats chartered by the policyholder
insured persons are the policyholder (yacht owner), skipper, crew members, visitors, and guests
double disability benefit as of 90 % disability reimbursement of up to EUR 3,000 for sea rescue, search and salvage costs
The TOP cover covers reimbursement of medical fees, other operation costs, hospitalization and dentures costs, or cosmetic operations up to EUR 3,000.
