Pantaenius Yacht Insurance – Come what may!

Post by: TheYachtMarket News
26 September 2018

SPONSORED ARTICLE

Pantaenius, a family business stepped in tradition, has been providing tailored insurance solutions to the discerning yacht owner for almost 50 years. With the introduction in the 1970’s of an Agreed Fixed Value based policy rather than current market value, Pantaenius revolutionised the marine insurance industry and quickly became established as a market leader. Today with 15 locations around the world and 8 different languages spoken, Pantaenius is well placed to provide advice and support to more than 100,000 customers.

With a reputation for our professional conduct in the handling and settlement of claims we make quick and efficient claims handling our highest priority, supported by a global network of more than 35,000 contacts within the maritime sector. And as sailing isn’t a 9-5 job, Pantaenius operates its own in-house 24-hour emergency claims line ensuring emergency assistance is available day or night, 365 days of the year.

In these times of high customer expectation and increasingly complex insurance markets, Pantaenius will continue to look forward and set benchmarks.

What every boat owner should keep in mind

Here at Pantaenius we recommend, as a minimum, that every boat owner, regardless of how they use their boat, take out a Third Party Liability Insurance policy. A Third Party Liability policy will cover your legal liabilities to third parties arising out of your ownership or operation of the boat which result in you damaging another person’s property or cause injury to or death of another person. This is particularly important as compensating a third party for injuries or damage can be an expensive business and liability claims can quickly exceed the value of your own boat.

In addition to liability claims, the Pantaenius Third Party Liability policy also covers water pollution, the accidental triggering of rescue systems and the defence of unjustified claims against you.

Protect your assets

Insurance is about protecting yourself against the unexpected. If you want to have peace of mind knowing that you are protected from the financial costs for damage to your own boat, then you should consider a Hull Insurance policy.

A Hull Insurance policy with Pantaenius offers market leading All Risks hull cover based on an Agreed Fixed Value, paid without question, in the event of a total loss. Unlike other providers, who may only offer the market value at the time of the loss or reserve the right to replace the yacht with similar.

At Pantaenius we want our customers to make informed decisions. Selection is all too often made on price – but should it be? Your boat is valuable and important to you – choosing insurance to protect it is an important decision.

To find out more about Pantaenius and to get your individual insurance quotation visit www.pantaenius.com