Frequently asked questions

If you have sold your boat, please inform us immediately by sending us a purchase agreement or transfer certificate by post or by email. Your policies will then be cancelled and premium refunded on pro-rata basis upon Transfer.

The policies cannot be transferred directly. In the case of existing yacht hull insurance/yacht liability insurance, temporary insurance cover is provided for the purchaser for one month from the date of transfer of ownership. For hull insurance, the purchase price specified in the purchase agreement applies, however up to a maximum of the previous sum insured (agreed fixed value). The purchaser will also receive an insurance proposal, so they can take out new policies.

Trailers and bearing blocks that permanently belong to the boat are automatically insured under hull insurance.

Yes.  Pantaenius liability insurance covers the policyholder, the owner, the captain, crew and anyone who is on board with the permission of the policyholder or the owner. This also applies to the use of dinghies and the undertaking of sports, as long as such activities happen in connection with use of the yacht.

Your insurance cover is provided for one year in each case and is extended automatically by one year at a time unless the insurance policies are terminated in text from three months prior to the due date.

If you would like to change the bank details, please notify us by telephone or email. We will then send you a new SEPA direct debit mandate to complete and return to us.

If one of the owners named in the policy decides to leave the group of co-owners, please inform us of this in writing. All persons involved must sign the declaration, unless you have named one person as primarily responsible.

Salvage and wreck removal costs are covered by hull insurance. The salvage of a wreck can only be covered by liability insurance as a third-party claim in very rare cases.

Even when in storage in the winter and during transport to the storage location, there are risks of damage for which you, as the yacht owner, may be held liable. Your existing private liability will not cover such damage. There are therefore no plans to limit cover during winter storage.

Liability risks are also covered during winter storage and during travel to and from the storage location.

We are unable to suspend a policy mid-term. Although you may cancel your policy, we recommend keeping your vessel insured at all times.

Please inform us of your new address immediately so that we can adapt your policies accordingly. Depending on the country, there may be further changes.

Yacht liability insurance is cover related to the boat. This insures both the skipper and the crew against third-party liability claims arising from use of the yacht. Skipper liability insurance is cover related to a person. It insures this person against third-party claims during use of a hired or chartered boat if the boat-specific liability insurance does not cover the claim in question or if there is no boat-specific liability insurance in place.

Occasionally leaving the cruising area is included in the insurance, as long as the insurer is notified immediately.

In this situation, the bad debt loss coverage of Pantaenius boat liability insurance applies. The requirement for this is that the resulting claim for compensation could not be asserted and that there is a legally valid and enforceable title against the party responsible for the damage.

If you re-register your boat, you must notify Pantaenius immediately. Depending on the insurance tax applicable in your new country of registration, this may result in a change to the insurance premium.