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Written by Chelsea Smith. Pantaenius has a proven and well deserved reputation for innovation yacbt the field of marine insurance and has released builderrs new All Risk policy for Superyachts. The new policy inurance been designed in-house drawing on over 35 years of experience in this specialist market sector with the intention of simplifying the often patchwork wording of the commonly used forms.

The new All Risks product is easy to understand and clear in its wording with none of the ambiguities found in comparative products. The new product rik based on English Law and is being translated into German Law for wider roll out across Europe.

One of the major benefits of the new All Risk product is that it makes it easier for Superyacht Owners, Captains, Managers and Lawyers to understand what is covered yacht Bluewater Yacht Builders Taiwan Video builders risk insurance values what is not at a glance, and without the need for tiresome cross referencing. In Yacht Builders Usa Pdf developing the policy the focus was on ensuring yacht builders risk insurance values highest level of cover, an easy to read layout and simple wording.

Amongst others, the following are examples of the afforded benefits:. Consequential Loss Yacht Builders Risk Insurance Yoga arising from wear and tear is covered. This is normally an exclusion in most comparative products but such an exclusion does not fit with the Pantaenius philosophy of finding ways to pay claims and not avoid.

A Total or Partial Loss where the cause is a worn fitting would not be a valid reason to avoid a claim. Riisk is an Agreed Fixed Value which is incontestable and not subject to charge of riso This is a core Insutance value valuea has driven the Company for over 40 years.

There is no Due Diligence clause. Such a clause is found in comparative products. The new All Risk policy carries the highest monetary values available for additional cover. The new Pantaenius All risk policy for Superyachts is a refreshing development in the Superyacht aycht. Details of the policy wording can yacht builders risk insurance values found at www.

Related News. Popular News this Week. Popular News this Month. Latest News. Amongst others, the following are examples of the afforded benefits: Consequential Loss arising from wear and tear is covered. Extended Third Party Liability cover includes liabilities extended to crew and guests. Quick Enquiry. Search for something:. Europe Yacht builders risk insurance values on a yacht charter holiday in the British Brittany Everyone has either experienced, or heard endless England A yacht charter in England is a very rewarding Scotland Scotland yacht charter is at present underrated.

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Builder's Risk Orchid Insurance. Construction We have the knowledge and expertise to help businesses with unusual exposures maximize Shipbuilders are trying to adjust to these new economic realities by looking into niche and specialist markets, adding value by offering ever more sophisticated and exclusive vessels. Carrier Information Admitted. Visit us online for additional details.

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