Is the charter yacht insured?

Yes, all charter yachts are insured as commercial vessels

Charter yachts are fully covered through marine insurance policies to protect them against loss, damage, and a third party claim. It is your responsibility to make sure your yacht is safe and secure, while on the water. When it comes to the loss or damage of a yacht, your liability is limited up to the amount of the security deposit you give, unless the damage is caused by your negligence.

We recommend that you take out additional insurance to protect yourself against any claims made against your damage waiver.