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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 News Special Events Frequently Asked Questions and tagged yacht charter Mediterranean, 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, BenettiPosted on
Many luxury yacht charter guests arrive at their yachting destination via private air charter. Now, imagine showing up at your local FBO to board your plane. Consequently, only to find there is no crew or jet waiting for you. Sadly, fraudulent air charter scams are on the rise. Fortunately, there is now a free resource to help you avoid what could be a miserable start to your Superyacht Experience™.
The business aviation industry has just published a free online guide. Without a doubt, it helps protect travelers new to air charter. The General Aviation Dry Leasing Guide outlines the laws and regulations related to the leasing of private aircraft. Moreover, this guide keeps unsuspecting charterers from scams by illegal charter operators.
Ryan Waguespack is Senior Vice President. Specifically, of the National Air Transportation Association. Importantly, he addressed the problem in a recent interview with Robb Report. He said,
“As the holidays approach, travelers are turning to private aviation for its enhanced cleaning protocols and limited exposure to unknowns. It’s vital that these newcomers aren’t placing themselves or their assets at risk from illegal charter activity.”
Many of the scams seem to emanate from Europe. Scam artists create websites that advertise aircraft available for rent. Further, with legitimate tail numbers. Unfortunately, after the clients have paid, the websites disappear. Clients have no flight – and no money. Obviously, to make matters worse, there is no hope of a refund.
Subsequently, similar scams are taking place here in the USA. Some charter operators are using aircraft with no FAA Part 135 certification. What is the certification? The FAA requires certification to demonstrate that the aircraft and the crew have met stringent safety standards. Furthermore, legitimate charter operators must have higher levels of insurance coverage. According to Waguespack. “Operators chartering aircraft illegally may have insurance policies that are not sufficient to cover commercial activities. In the event of an accident, passengers may find their own corporate and estate assets at risk.”
The guide is by trusted air industry associations. Specifically, the Aircraft Owners and Pilots Association (AOPA). In addition, the National Air Transportation Association (NATA). Obviously, both contributed to the guide.
To sum up, let our team help you navigate. In specific, the intricacies of selecting the right size and type of aircraft to whisk you to your yacht. Handling the little details before your luxury yacht charter is what we do best. Without a doubt, we take care of YOU. It’s how we Deliver The Superyacht Experience™ to our clients. Put our team to work for you! Call 305-720-7245, email email@example.com, or contact us through our online information form at https://www.1800yachtcharters.com/book-now-contact-us/.
This entry was posted in Educational News Frequently Asked Questions and tagged air charters, air charter scams, Robb Report, charter scams, the superyacht experience, scams, travel insurance, National Air Transportation Association, FAA certification, FAA Part 135, The General Aviation Dry Leasing Guide, air charter, guide to avoid air scammers, beware, illegal air chartersPosted on
This entry was posted in Frequently Asked Questions Educational and tagged medical air service, Medical Air Services Association, yacht charter insurance, how do I insure my vacation?, Medivac, should I buy travel insurance?, Do I need travel insurance?, Third World waters, Life Flight, virgin islands yacht charter, travel insurancePosted on