Sharky34
Well-Known Member
Why?
Port Solent Sunsail boats on the move
- Thread starter Sadlerfin
- Start date
laika
Well-Known Member
Really? If you need some bridge work done cheap I know a guy at Morgan Stanley if you can wait til August bank holiday
JumbleDuck
Well-Known Member
Talking of bridges going cheap, can I interest you in this one?
PM me if you're interested, but be quick, as I have a couple of Edward Williams Insurance clients who seem very keen.
dom
Well-Known Member
Talking of bridges going cheap, can I interest you in this one?
PM me if you're interested, but be quick, as I have a couple of Edward Williams Insurance clients who seem very keen.
Incredible people bankers, do you think one might find a Covid-19 vaccine on the May bank holiday?
langstonelayabout
Well-Known Member
I'm sure I heard about this too. Especially as he had one of his friends crewing for him for the delivery. This guy was also considered liable by the UK courts and had to contribute something like 10% of the value of the boat that was lost.
It seems harsh but fair, but the ultimate off-putter for anyone thinking of starting up on a casual basis. The insurer covers the insured for the value of the boat but then the insurer takes it from the delivery skipper one way or the other.
Last edited:
[3889]
...
Well, you are only liable if you are negligent, regardless of payment arrangements. As for insurance, I've always had a dim view of it, only exacerbated by the current panapoly of side steps exhibited by Hiscox et al.
I've posted previously regarding delivery skipper PI and no one could come up with any benefit, to either owner or deliverer, from such a policy.
Often, getting insured is like getting pi$$ed; it makes you think everything is fine: for the time being.
Last edited:
capnsensible
Well-Known Member
SKIPPER LIABILITY INSURANCE
At the end charter brochure
The statutory liability of the policyholder in the capacity as charterer and driver of a yacht worldwide is insured through the skipper liability insurance.
The following are also insured (based on the AHB and special conditions (SH 0219) for the skipper's liability insurance):
For only EUR 10, - additional (annual coverage EUR 20, -) you get our comprehensive legal protection insurance for skipper liability insurance . Questions are answered by our FAQ or the staff of the charter department: charter (at)
Thats an extract. Recalling that a Pro Skipper may well deliver a good number of yachts a year and spend, what, 250, 300 days at sea? The chances of 5h1t happening ramp up all the time. This is not yer casual part timer, its career blokes. Im not in that league, I do other stuff too. But last year, for example, I spent the first seven months going from one to another constantly. Got fed up with airports..... So it makes sense for people to protect themselves in the same way that lots of other pros carry indemnity insurance in their own area of expertise.
Up to the individual. Of course. But for not a lot of wonga you can mitigate your own risk as far as practicable. Full website:
Skipperhaftpflicht
These people are better placed to answer questions, really than people on here. They convinced me, others might know better! So if you want to indulge in one upmanship anyone, ask the company, not me.
At the end charter brochure
The statutory liability of the policyholder in the capacity as charterer and driver of a yacht worldwide is insured through the skipper liability insurance.
The following are also insured (based on the AHB and special conditions (SH 0219) for the skipper's liability insurance):
- Damage to chartered yacht with proven gross negligence.
- Liability claims of the entire crew among themselves.
- Security deposits up to EUR 125,000.00 when seized in the foreign port.
- Claims of the owner about loss of charter income due to major yacht damage up to EUR 25,000.00.
- Travel and / or hotel costs of up to EUR 1,000.00 should not be able to arrive in time at the agreed port of transfer due to damage to the yacht caused by the charter crew.
For only EUR 10, - additional (annual coverage EUR 20, -) you get our comprehensive legal protection insurance for skipper liability insurance . Questions are answered by our FAQ or the staff of the charter department: charter (at)
Thats an extract. Recalling that a Pro Skipper may well deliver a good number of yachts a year and spend, what, 250, 300 days at sea? The chances of 5h1t happening ramp up all the time. This is not yer casual part timer, its career blokes. Im not in that league, I do other stuff too. But last year, for example, I spent the first seven months going from one to another constantly. Got fed up with airports..... So it makes sense for people to protect themselves in the same way that lots of other pros carry indemnity insurance in their own area of expertise.
Up to the individual. Of course. But for not a lot of wonga you can mitigate your own risk as far as practicable. Full website:
Skipperhaftpflicht
These people are better placed to answer questions, really than people on here. They convinced me, others might know better! So if you want to indulge in one upmanship anyone, ask the company, not me.
laika
Well-Known Member
+1. This is considerably less than the PI insurance I pay in a different field of endeavour, which is in turn considerably less than the £6k/pa you were talking about for your school. As you say: no brainer unless you're doing a one-off for your mate during a week off from Credit Suisse.
Last edited:
JumbleDuck
Well-Known Member
What do they mean by "proven" here? I used to work for an organisation whose PLI would only pay out if the organisation or its staff were found negligent in court ... and didn't cover legal expenses if we were taken to court. Effectively, therefore, it was useless, because we could easily have run up legal bills in the tens of thousands in order to get the insurers to cough up a fraction of that.
Of course it's different for bankers doing it on their days off, because when bankers cock things expensively up the taxpayer bails them out.