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Should I buy charter cancellation insurance?
William Mc NallyYacht charter broker, DMA Yachting
We recommend it. Cancellation and curtailment insurance protects your charter fee if illness, travel disruption, or other events force you to cancel or cut the trip short, and charter contracts have firm cancellation terms because the owner holds the yacht exclusively for you.
It costs a small fraction of the charter fee, and for six-figure weeks it is simply sensible. Your broker can point you to suitable trip cover when you book.
Note that this is separate from our professional insurance as your broker, and from the yacht’s own insurance; those protect the transaction and the vessel, while cancellation cover protects your plans.
Sometimes, you need to expose yourself to nature′s wonders to reflect on life. And yourself.




