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Yacht Insurance

The Moorings is able to provide you with comprehensive travel insurance for additional piece of mind. Please review the details of this policy below.


Insurance

Yacht Insurance and Travel Insurance
Security Insurance or Security Deposit
Other Insurance Needs

 

Yacht Insurance and Travel Insurance

Because we care about your holiday investment, The Moorings offers two insurance programs to ease your worries during your charter.

1. Our Yacht Security Insurance, offered through The Moorings, reduces your possible financial liability should your yacht or equipment be damaged during your holiday. This insurance is not optional and the cost will be included in your Holiday Estimate.

2. SureSave Travel Insurance covers you from financial loss if for some reason you must cancel or delay your charter. A reasonable fee ensures you may resume or reschedule your holiday at a later date in the event of family illness, jury duty, etc., should your trip be cancelled or interrupted. This program also provides some medical coverage should you become ill or injured during your Moorings charter. This insurance is optional; however, it may cover you from financial loss should you cancel or reschedule your charter. This insurance policy is only available for Australian residents. For more information, please read the SureSave Product Disclosure Statement (PDS) and the Supplementary Product Disclosure Statement (SPDS) or contact us on 1800 553 720. Alternatively, you can organise your SureSave insurance online - just click here.

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Security Insurance or Security Deposit (offered through The Moorings)

One of the following security payments must be selected to guarantee a Bareboat Charter:

  1. A non-refundable security insurance premium is available. This is called The Moorings Yacht Security Insurance. With payment of this insurance premium, the charterer is relieved of all liability for loss or damage to the yacht and its equipment, except for loss or damage to the yacht and its equipment caused by gross negligence or wanton or willful misuse by charterer, his or her family, guests and agents, for which charterer may be solely liable. This coverage carries a small deductible amount. Contact your local Holiday Planning Specialist for details.

  2. A refundable security deposit can be applied to the repair of damages or replacement of lost equipment caused by charterer or by any of his party. This deposit will be refunded after the termination of the charter pending receipt and review of an inspection report by the company. This deposit relieves the charterer of loss or damage over the amount of the deposit to the yacht or its equipment, except for loss or damage over the amount of the deposit caused by gross negligence or wanton or willful misuse by the charterer, his or her family, guests and agents, for which charterer may be solely liable.

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Other Insurance Needs

Some special types of charters will require additional insurance or deposits, such as the Racing Deposit required for yachts chartered for entry into regattas. Please speak to one of our Holiday Planning Specialists for details.

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