Travel insurance is optional and at the discretion of the charterer. It will cover you for cancellations of the charter due to severe weather events, or should you need to cancel or shorten the length of your charter. Travel Insurance is taken out to protect your financial investment in your holiday, not to insure the vessel.
Travel Insurance should be a necessary part of your holiday preparation. Have a look at Oceanic Marine Risk -Travel Insurance for all the information.
Hirer’s liability insurance
Hirer’s liability insurance is optional and at the discretion of the charterer. It will protect you or members of the charter for accidental injury or death to a person/s, or damage to another vessel caused by (or as a result) of your negligence.
Non-refundable damage waiver
A non-refundable damage waiver of $35 per night on monohulls and $55.00 per night on all other vessels is charged to cover minor loss or damage to the vessel or its inventory. All bareboat vessels are covered under insurance to protect the owner of the vessel against loss or damage to the vessel and its equipment. Please be aware any structural damage or damage causing the vessel to be unseaworthy while on charter will require the vessel to be returned to base for assessment and repair. This could result in termination of the charter with no reimbursement of charter fees.
Oceanic Marine Risks specialise in travel insurance and hirer’s liability insurance specific to a bareboating holiday. If you take out insurance with another provider, ensure you read the fine print and that it covers you for a bareboating holiday.
Oceanic Marine Risks +61 7 4946 7555