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10 Reasons for Luxury Yacht Charter Customers to Purchase Travel Insurance

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Anyone who has booked a Benetti yacht charter or a Feadship yacht charter vacation knows that charter agents heavily promote trip cancellation insurance.For mega yacht charter agents, trip cancellation insurance is a substantial profit point.  Commissions of 20% of the insurance cost for selling this product for a Feadship yacht charter or a Benetti yacht charter are common.

Charter brokers often offer this coverage to their Caribbean yacht charter customers who fear trip delays due to summer tropical weather disturbances.   Mediterranean yacht charter customers also hear the pitch to purchase this coverage, as concerns for lost baggage are common with long, international flights.

Putting aside the fact that someone “profits” from the sale of these policies, a luxury yacht charter customer should give serious consideration to this coverage option.  Whether you rent a private yacht, a megayacht, or a superyacht, for a Caribbean yacht charter or elsewhere, or whether you plan crewed catamaran charters or sail boat charters – the facts remain the same: you are spending a lot of money and you may wish to protect your investment!

There are hundreds of circumstances that could cause you to cancel your trip, return home early, or force you to seek emergency medical treatment while traveling.  What if you booked a MIPIM yacht or a Monaco Grand Prix yacht for the yearly event in Cannes and Monte Carlo, and suddenly you could not attend?

To demonstrate the importance of purchasing travel insurance, and emergency travel services, here are 10 common examples of what could go wrong.

  1. CANCELED FLIGHTS — It’s 10 p.m. and you and your immediate family arrive at the airport for a connecting flight, only to find that your flight has been cancelled. Who can assist you with finding new flights to get everyone home?
  2. INSULIN IN LOST LUGGAGE — Your bag is lost with your insulin inside. You need help to locate your bag as soon as possible and have your emergency prescription filled. Who do you call?
  3. PASSPORT AND WALLET STOLEN — It’s your first visit to Europe, and your passport and wallet are stolen before you board your Monaco Grand Prix yacht. Where do you turn for emergency cash, and how will you get your passport replaced?
  4. MEDICAL EVACUATION NEEDED — You’re involved in an accident during your Benetti yacht charter, and adequate medical treatment is not available. Who will help arrange and pay for a medical evacuation?
  5. ILL CHARTER PARTY MEMBERS — Your sister-in-law becomes seriously ill and you must cancel your MIPIM yacht trip. What happens to your non-refundable deposits or pre-payments?
Marina of yachts
6.  LOST LUGGAGE — You arrive for your Feadship yacht charter in Jamaica, and your luggage doesn’t. If it’s lost, who will help you find it? If it’s delayed, who will pay for your necessities? If it’s stolen, who will pay to replace it?
Woman sitting on an empty baggage carrousel holding head - lost luggage

7.  BANKRUPTCY OF TOUR OPERATOR — Your luxury sailing charter tour operator goes bankrupt. Who will pay for your non-refundable expenses? Who will help get you to your destination?

8.  MEDICAL HELP NEEDED — You’re walking down a street in Rio and twist your ankle. Who can help you find an English-speaking physician?

9.  TERRORISM — Three weeks before your scheduled arrival for your Croatia yacht charter, a terrorist incident occurs in the city that you are planning to visit. Who will pay if you want to cancel your trip?
10. HURRICANE — You are at a beach resort in the Florida Keys during your luxury sailing charter vacation, and you are forced to evacuate due to an approaching hurricane. Who will help you evacuate and who will reimburse your lost vacation investment?

There are so many circumstances where your vacation may be interrupted.  It’s important to understand your options to safeguard your holiday investment.  Remember travel insurance is optional and should be analyzed before each vacation begins.

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3 Jaw Dropping Yachts At the Monaco Yacht Show

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From September 28 through October 1, some of the most expensive and largest yachts for charter will come together at Port Hercules, Monaco for the 2016 installment of the Monaco Yacht Show.

Three of the largest private yacht charter vessels offered for hire by 1-800 Yacht Charters will be in attendance.  Here’s a quick glimpse (please try not to drool):

Tankoa motor yacht SUERTE


SUERTE superyacht underway

Imagine any over-the-top amenity, and chances are this 227 foot superyacht has it.  The penthouse master stateroom offers 180 degree views, a private study, and private deck with a hot tub (of course).  Other guests who wish to soak shouldn’t feel snubbed – there’s another hot tub with a waterfall located on the aft sundeck.   [Rates from €525,000 per week; Caribbean in winter and Mediterranean in summer.]


International Shipyard Ancona yacht OKTO

OKTO superyacht aerial running shot showing swimming pool on back deck

At nearly 218 feet, this vessel is more luxury day spa than yacht.  Built for wellness yacht charters, she features a massage/beauty/therapy room (a beautician and massage therapist are part of the crew), guest elevator, indoor cinema room, and a 20ft swimming pool (salt or/ fresh water, heated or cooled, with contra flow current). [Rates from $400,0000 per week; Caribbean in winter and Mediterranean in summer.]


Lurssen motor yacht MARTHA ANN

MARTHA ANN superyacht

Make sure your feet are clean when you walk across the interior carpets – they’re silk and valued at $17 million dollars. This 230 foot yacht offers 7 guest cabins, and a classical-style interior by famous designer Francois  Zuretti. A large Jacuzzi “Swim Spa” on the upper aft deck double as a lap pool, with an adjacent wet bar with 11 stools – 4 of which are underwater in the spa. [Rates from €600,0000 per week; Caribbean in winter and Mediterranean in summer.]


For further information on these or any other yachts listed for rental by 1-800 Yacht Charters, please email Jim at

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