Mast break! Hopefully the owner is well insured
Increase in expenses for salvage, wreck removal and disposal of damaged yachts from a maximum of 250,000 euros to now one million euros. Expansion of personal effects to include mobile phones, laptops, tablets and the like, as well as diving and water ski equipment, fishing equipment and musical instruments. Inclusion of sea transport in the scope of coverage. Storage of the insured boat for the purpose of repair or maintenance at shipyards or workshops without restriction. Co-insurance of berth charter.
These are just a few of the numerous innovations with which Helvetia spices up its water sports policies. The comprehensive insurance also includes assistance services, such as a multilingual 24-hour hotline, which provides advice on medical travel issues in particular. In the event of an accident, there is also support in dealing with local authorities and in getting travel documents back. The insurance also covers the costs of any initial legal advice that may be required. She helps to procure spare parts and, in case of doubt, bears the costs and organization of the replacement tipper, the crew's journey home and the return of the yacht.
In addition, Helvetidie has converted the partially comprehensive cover that was previously offered into a total loss insurance with a reduced premium rate. And coverage of up to 15 million euros is now possible in boat liability insurance.
While the changes in the boat insurance are already in effect, the new conditions in the boat liability insurance do not take effect until October 1, 2015. The sale of the policies takes place through the sales partners and general agents of Helveti as well as through multiple general agents and brokers.
Whether a new contract or a change of insurer is worthwhile is not only revealed by comparing the premium offers from several insurance providers. It is also important to take a look at the small print, i.e. the insurance conditions on which the comprehensive insurance and liability contracts are based, in order to check the respective benefits and the exact scope of coverage.
In our YACHT online insurance service, we offer YACHT readers the opportunity to have individual offers from several providers of water sports policies sent to them free of charge with a click of the mouse.