Sardinia Luxury Tax on Mediterranean Yacht Charter Vessels Abolished

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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.
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?
This entry was posted in Frequently Asked Questions News Special Events and tagged Cannes yacht charter, private luxury yacht charter, travel insurance, MIPIM, Frequently Asked Questions, trip cancellation insurance, Feadship, lost luggage, Mediterranean yacht charter, Monaco Grand Prix, Feadship yacht charter, caribbean yacht charter, Benetti, yacht charter Mediterranean
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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
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
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
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.]
In conclusion, we help plan The Superyacht Experience™ for you.
This entry was posted in News Special Events and tagged monaco yacht show, martha ann, yacht charter Monaco, Okto, Suerte, yacht hire, yacht charter Mediterranean, largest yachts, yacht charter Sardinia, motoryacht charter, Cannes yacht charter, Monaco, Superyacht
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