• The Insurer covers the Policyholder and coinsureds in the event that a claim for damages is made against them by a third party on the basis of statutory liability provisions (for bodily injury, property damage or indirect financial loss), arising out of a loss occurrence connected with owning and using the vessels specified in the policy.
• As every water sportsman is liable to the full extent of his assets for injuries or damage caused to a third party as a result of his negligence in connection with owning or using a pleasure craft, yacht liability insurance is absolutely essential.
• The insurance covers the vessel, owner, skipper, crew and guests anywhere in Europe.

For further information, please see the explanations marked with a question mark in the proposal area, together with the