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Legal Security

Yacht-Pool Fair Charter agreement

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Be honest: who really reads the T&C of a contract?
Who is honest to himself can probably say that signing a contract, and also the T&C is done really quick and often too quick. In on-line business you just check the box for general T&C without even getting through them at all. That can have really bad consequences especially when the contract is about high values. But even if you want to read the contract T&C  you have a problem. The terms are often written in really small letters and confusing. You need a legal expert to understand them. Especially if the contract is in an other language.  But in the charter business there is a solution:

Yacht-Pool Fair Charter agreement is a really well known in the nautical world and in the world of skippers. It’s more often the main criteria to choose a charter for the holiday.

 

 Terms of the Yacht-pool Fair Charter contract:

  • Legal security for clients and charter companies in Europe thanks to the terms and conditions of the contract
  • Balanced, fair and transparent for the clients, charter companies and agencies thanks to the same T&C in all contracts
  • Simplyfies the cooperation between the charter company and the agency
  • With its simlicity and clearness leaves no space for misunderstanding during check-in of the boat and in case of a claim
  • And maybe the most important effect: by using the Yacht-Pool Fair Charter agreement: your getting good marketing for your company while this is a huge argument in getting more satisfied clients.

 

It is important to understand that by using the Yacht-Pool Fair Charter agreement you optimize your cooperation with the charter agency.

Check which comapnies uses the Yacht -Pool Fair Charter agreement and ask for your terms and conditions:

Charter companies
ABAVELA CHARTER
ADRIA SAIL CHARTER
ADRIA SERVICE D.O.O. IZOLA
ADRIATIC CHALLENGE
ADRIATIC SAILING (JADRANSKA JEDRENJA D.O.O.)
ADRIATIC YACHT CHARTER
ALTERNAUTIKA
AM YACHTING TOUR
ANA MORE YACHTING
ANKORA
APEX CHARTER
ARS NAUTIKA
ASTAREA
BAMA-YACHTING – Jens Bachmann
BLACK WIND SAILING
BLUE NAUTIC
BRUNEKO
BURIN YACHTCHARTER
CATA SAILING
CHARTER SERVICE PUNAT
CROATIA SAILING
DALMATIA CHARTER
DARMAR
DUBROVNIK YACHTING
ELSA NAUTIKA
EURONAUTIC
FYLY
INTER MARES
JARUŠICA
Kiriacoulis
LA STELLA CHARTER
LENKA MEDITERAN YACHTING
Manos Yachting
MARINA&YACHTING DEV.
MAYER CHARTER
MERIDIJAN YACHTING
MONO FLOT
MORE CHARTER
MULTIHULL GREECE
NAUTIKA KUFNER
NAVIGO CHARTER
NCP CHARTER
NIVA CHARTER
ODISEJ YACHTING
Pelsys charter
Pitter
PROSPER YACHTING
Raice & Cruise
Reful Yachting
Sail Croatia (JNEREUS)
SAILING FOREVER (MAŠA)
SIMPLE SAIL
Sol Navis
SUNLIFE CHARTER
Sunturist Charter d.o.o.
TEHNOMONT MARINA VERUDA
TREND TRAVEL & YACHTING
Vala Charter (Studio Tim)
VESLO
Way Point Rovinj (Marine Media)
YACHT4YOU
Yachtcharter Korfu
YACHTINGADRIA

Frequently asked questions

What does hull insurance cover?

Hull insurance covers all damage to the vessel with all standard installed parts listed on the inventory list, including:

  • machine device
  • power unit
  • technical and nautical equipment
  • auxiliary boat
  • life raft
  • auxiliary outboard motor
  • trailer for boat transport

 

 

 

Is outboard engine theft covered?

Theft of an outboard motor is covered under the terms of casco insurance if the engine is appropriately attached to the vessel. 

What exactly is coverage of operational damages?

Coverage of operational damages is damage to machines and equipment, i.e. damage to auxiliary machines (aggregates), shafts, screws and other technical devices, and machines on the vessel connected to the engine room. 

If I have obligatory liability, do I also have to have voluntary liability?

It would be preferable to have voluntary liability, but it’s not mandatory.

What is the difference between obligatory insurance and voluntary liability?

The obligatory insurance would cover liability damages if bodily injury, health impairment or death of a third person occurred during the use of the vessel due to the user’s responsibility. Persons on the craft that caused the damage and persons on another boat, yacht, ship or other navigable object are not considered third parties. 

 

Voluntary liability is coverage that covers liability arising from keeping, owning and using a vessel for damages caused: 

  • by collision – damage suffered by another vessel, its crew and passengers, as well as property on it
  • by impact – damage due to impact is damage to any other property or any other fixed or floating objects
  • due to pollution of the sea by motor oil
  • towards bathers and third parties
  • towards passengers and crew
  • due to the costs of removing the insured vessel’s wreck
  • when handling flammable or explosive materials and a signal gun
What is a wreck?

Under the term wreck, which arose after a maritime accident, it’s implied: 

  • the sunken or stranded vessel
  • any part of a sunken or stranded vessel
  • any item lost at sea from a stranded or sunken vessel or a vessel or drifted on the sea
  • a vessel which may reasonably be expected to sink or be stranded, where an attempt, or any activity to effectually protect and save the vessel or any part of the property in danger, is not already in progress

 

Do I have to have mandatory liability if I have a foreign flag?

You don’t have to, but you must have sufficiently extensive voluntary liability coverage, equal to the Croatian mandatory of HRK 3,500,000. 

Is intentional theft or fraud of the charter vessel covered?

Theft is covered under Hull insurance conditions if reported to the proper authorities. 

What is considered to be a secure mooring?

A secure mooring is a mooring of the vessel in marinas or harbours and the vessel’s anchoring in the designated places (buoys or anchorages). 

What is a franchise in comprehensive insurance?

The franchise or deductible is the amount determined when taking out the insurance policy, reduced when the damage is paid, i.e. the part by which the owner participates in the damage. 

What amount is to be paid in case of a total loss?

Suppose the insured object or vessel is destroyed, i.e. in the event of total damage. In that case, if the repair costs are equal to or greater than the contracted value, the contracted value is paid according to the insurance policy. 

What amount is paid for the engine in case of theft?

In case of an engine theft, the engine’s value (for which the engine is insured with an insurance policy) is paid. However, not higher than the real market value at the time of damage. 

 

Is road transport and trailer covered?

The vessel is insured during road transport on routes within Europe, as well as the trailer, if it’s listed on the inventory list or registered on the insurance policy against damages caused by a traffic accident, fire, lightning strike, explosion, force majeure and theft. 

Are the outboard motor and tender covered?

The outboard motor and tender are covered by insurance if they are specified in the insurance contract and if they have been appropriately fixed and secured against falling into the sea or theft. 

Can I insure the vessel only while it is dry-docked?

In such cases, port risk coverage is contracted by insuring the vessel at rest, on the dry or wet berth, but without navigational risks. 

Could it be cheaper?

The cheapest insurance is not always the best. 

It’s recommended that, in addition to taking out obligatory insurance for your vessel, you also take out voluntary liability insurance to cover all damages that may cause to third parties and objects. You can also add accident insurance to protect the people on the vessel.

Are You fully Covered?

Join Yacht Pool today and insure things what you love. Enjoy your life care free and let Yacht Pool care about the rest.