Skipper`s Liability Insurance covers the statutory liability of the policy holder in his capacity as a charterer and operator of a yacht - anywhere in the world.

The insurance policy (based on the General Terms and Conditions for Third Party Liability Insurance -AHB- and the Special Terms and Conditions for the Skipper`s Liability Insurance -SH 2008) covers:

• Damage to a chartered yacht where gross negligence is proven.
• Compensation claims of the crew members among one another.
• Security deposits up to EUR 50,000.00 where the yacht is impounded in a foreign port.
• Claims of the owner for loss of charter income as a result of culpable significant damage to the yacht up to EUR 17,500.00.

The cover sum is EUR 5,000,000.00 for personal injury and damage to property. The total compensation for all insured events within one year is double the amount of this compensation.

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