Trip Cancellation Insurance
Yacht charter vacations are booked using contracts that have been specially developed for the global yachting industry. Several standard contracts are used in various regions of the world. Each one offers similar general protections for both the yacht owner and the charter client. Some contracts offer additional protection in case a problem arises that forces a cancellation.
Even the best contracts, however, do not protect charter clients against all possible challenges. At Yachtstore, we recommend that you purchase trip cancellation insurance to cover the gaps that exist in all yacht charter contracts.
We work with the Insurance Specialists at MHG Insurance Brokers who have been advising clients on their personal and business insurance needs for more than 20 years. MHG Insurance Brokers offers travelers a top notch trip cancellation program with first class travel protection.
For a fee based on a percentage of the cost of your trip, this type of insurance provides protection to travelers whose covered trip is cancelled or interrupted due to unforeseen circumstances. Whether it is an emergency illness, injury to you or a travel companion or immediate family member causing you to cancel your trip, jury duty, job layoff or termination, terrorist events, natural disaster, among other emergency circumstances, you are covered.
Benefits can include coverage for emergency medical and dental expenses, emergency medical evacuation and repatriation in addition to baggage loss, lost or stolen travel documents, medical referrals, emergency cash transfers and more. Most plans cost a fraction of the charter itself and are a wise investment in protecting your vacation.
Our charter professionals at Yachtstore will help you assess your anticipated expenses and needs so that a trip cancellation policy can be tailored for your yacht charter vacation.