Yacht Hull Insurance from Pantaenius covers you for total loss and partial damage to your yacht.
As specialist for all types of yacht insurance, we continuously advise and manage your policy at every step of the process, at any time fromquote to claim. We are at your side at all times, especially during the claim settlement when our expertise is invaluable. We have a global network of specialists, including insurance surveyors and shipyards, and more than 40 years of experience – especially useful in the case of complicated Claims.
Pantaenius Yacht Hull Insurance has several important benefits:
Reliable All-round Protection Against All Risks
All risks to which the insured yacht is exposed during the term of the insurance are covered. Including damages resulting from theft, fire, acts of God, sinking, grounding, collision or piracy.
Reimbursement without deductions
We will agree a fixed insurance sum with you, which will be reimbursed in the event of total loss without any deduction for actual cash value, so that you are able to afford an equivalent vessel.
No deductible for you
No deductible will be charged in the event of total loss, burglary, transport damage, fire, lightning strike, damage to personal effects and many other events.
New for old
If your vessel is damaged and needs new parts for repairs, partial damage without deduction for actual cash value will be covered, up to the agreed insurance sum.
Salvage? No Problem!
Unlimited costs are covered without deductible in the event of salvage or wreck removal.
Inspection costs included
If you have grounded your vessel, the necessary inspection costs are covered without excess, irrespective of whether any damage is established.
Construction and material errors
Consequential damages resulting from construction or material defects, as well as wear and tear resulting from normal use, are fully covered in the event of an insured peril. Only the damage to the directly affected part is excluded.
Fast breakdown assistance
Costs for assistance in an emergency, e.g. towing to the nearest shipyard or delivery of fuel and replacement parts, are covered up to a total of DKK 75,000.
Transport and storage
Land and river transport of your yacht is covered, as are slipway and crane procedures, winter storage and shipyard and repair stays.
An extension of the cruising area tailored to your individual needs is possible at any time. Occasionally leaving the agreed cruising area is automatically included in the insurance.
Total engine cover is possible!
Inventory and equipment
Inventory and equipment fastened securely are included in the insurance cover, also when securely stored outside of the yacht and during the winter storage.
Accomodation and return journey costs
Necessary accommodation and return journey costs for the Captain/Skipper, crew and guests shall be reimbursed up to a sum of DKK 40.000 if the Vessel is uninhabitable during a journey according to the opinion of a surveyor appointed by the Insurer as a result of an insured event.