Why a charter deposit insurance? (PDF)
Every experienced skipper knows how quickly the harmony which exists among his crew can be shattered if he or a member of the crew causes some damage which all on board are asked to help pay for. So although the crew may have begun the trip harmoniously, suddenly they are at loggerheads over the question of why everyone should have to pay for damage which only one of them has caused. Final responsibility usually falls on the skipper himself since he is in charge of the vessel.
Inevitably this has led to skippers with a strong sense of responsibility calling increasingly for an insurance policy to cover this personal risk. The YACHT-POOL deposit insurance applies not just to a specific charter trip: it provides unlimited cover for a whole year – worldwide!
Because with it you can charter wherever you want, as often as you want, whatever boat you want, and for as long as you want – worldwide!
The difference between liability and deposit insurance (PDF)