Third Party Liability Insurance for Yachts provides comprehensive coverage for claims made by third parties due to personal injury or property damage caused by you as the skipper of a yacht, your crew members or other named co-insured entities like for instance your Yacht-Management Company.
In our TOP cover, liability claims of co-insured individuals/entities against each other are also covered. Also, our TOP Cover extends to scenarios such aslegal liability when towing water skiers and paragliders as well as damages incurred during sailing regattas and transfer trips, offering robust protection for a wide range of maritime activities.
If you own a crewed yacht, your liability risk as employer towards your crew members can be co-insured if desired - also in accordance with the requirements stated in Maritime Labour Convention 2006 if needed.
Maximum Sums Insured in our Third Partly Liability Insurance Cover are as follows:
Sealogy TOP Cover | Sealogy BASIC Cover | |
| Bodily Injuries | 15.000.000 Euro | 15.000.000 Euro |
| Bodily Injuries per Person | 2.500.000 Euro | 1.000.000 Euro |
| Water Pollution | 15.000.000 Euro | 15.000.000 Euro |
| Property Damage | 15.000.000 Euro | 15.000.000 Euro |
| Financial Loss | 200.000 Euro | 25.000 Euro |
| Rental Damage | 200.000 Euro | 200.000 Euro |
Sealogy TOP Cover | Sealogy BASIC Cover | |
| Liability of the skipper and other persons authorized to operate the vessel | ||
| Free of charge: Liability of operation of tenders with a drive power of up to: | 60hp | 5hp |
| Liability of operation of tenders | ||
| Liability arising from the towing of water skiers and paragliders | ||
| Liability of the water skiers as long as they are being pulled by the vessel (subsidiary cover) | ||
| Liability for damage occurring during participation in sailing regattas or during the associated transfer trips | ||
| Liability of the insured persons if they are called upon by a boat in distress to render assistance, and damage is caused to the ship in distress as a result of this assistance measure – e.g., a line connection | ||
| Liability for financial loss arising from insured events which occurred during the validity of the insurance policy | ||
| Liability for direct or indirect consequences of changes in a body of water's physical, chemical, or biological quality, including groundwater (Water Pollution) | ||
| Liability of the policyholder and the co-insured persons arising from the driving or operation of third-party watercraft and/or their equipment, inventory, and accessories (subsidiary cover) | ||
| Liability claims of co-insured persons against each other for personal injuries that are not occupational accidents in the policyholder's business as well as property damage | ||
| Liability arising from damage to rented storage rooms and jetties (up to EUR 200,000) rented for private purposes for the accommodation or storage of the boat | ||