With one of the highest safety records in the travel industry, luxury sailing yacht charter vacations in the Caribbean continue to grow in popularity. No one goes on a yachting vacation expecting misfortune. However, it is wise to prepare for unforeseen circumstances. Here are several tips on how to protect yourself and your property.
Before you sign your charter agreement, ask your broker about the level of insurance built into the rental contract. Find out if the yacht’s insurance policy covers guests for third party liability (e.g. injury to a swimmer by a charter guest operating one of the yacht’s waverunners), as well as coverage for lost possessions and personal accidents. Consult with your own insurance advisor regarding coverage options.
CANCELLATION AND CURTAILMENT INSURANCE
Cancellation and Curtailment Insurance
People get sick…Flights get cancelled…Stuff “happens.” Many companies like Travel Assure and Travel Guard International offer cancellation and curtailment coverage at a cost of approximately 2.5 per cent of the charter fee to cover a possible loss of the charter fee if the holiday has to be cancelled for unforeseen reasons.
While Virgin Islands yacht charter vacations continue to be the most popular for Americans, more and more charterers are seeking remote sailing vacations in exotic island habitats. If you are planning on cruising in Third World waters, realize local medical services may be well below those standards of your own country, and serious life-threatening injuries or illness might require expensive aero-medical (Medivac) evacuation. For a low cost annual membership, the US-based Medical Air Services Association will provide immediate access to an air ambulance for repatriation in lifesaving circumstances.
LUXURY TAX ABOLISHED The recent Mediterranean Yacht Charter show in Genoa, Italy, learned that the 3 year old Sardinia Luxury Tax is no more. ABOUT THE TAX The repeal of the Sardinia Luxury Tax is especially good news to charter enthusiasts. Anyone considering a yachting vacation in the Mediterranean is fortunate. The law […] read more
The world of luxury yacht charter has finally arrived in the Seychelles. Motor yacht SEA STREAM, a 76 foot Ferretti with room for 8 guests, is now available for Caribbean yacht charter enthusiasts looking for a new destination. Ferretti yacht SEA STREAM is now available as the only high quality, luxury crewed motor yacht available […] read more
PLAN AND PACK Yikes! What to pack? In just over three weeks, you leave on a week-long Bahama yacht charter vacation. You choose a sleek, performance, basic sailing yacht with crew. Your menu provided to your yacht through your charter broker, and your crew is ready to welcome you aboard. Seriously, what do you pack? […] read more