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Loss of charter hire – New Insurance Cover Offered by IYC

Loss of charter hire – New Insurance Cover Offered by IYC

17th May 2019

We are pleased to announce that following extensive negotiations with the international insurance market, IYC has successfully secured a new ‘LOSS OF CHARTER HIRE’ insurance cover. This new policy protects yacht owners charter income should an incident happen to their yacht that would prevent them from fulfilling any booked charters.

“This new cover has been developed in response to our clients' demand for financial protection against charter cancellations. This is a new service that is not widely provided in the insurance market, and has great appeal to owners of charter yachts” says Aliki Merianou, IYC Insurance Director.

The new ‘loss of charter hire’ policy is available to all yacht owners, and not limited to those owners of yachts within the IYC charter fleet. All enquiries are welcomed and the IYC Insurance team can be contacted at: [email protected]

For more information on IYC’s range of services please contact the IYC office most convenient to you. IYC has offices in Fort Lauderdale, Palm Beach, Miami, Nantucket, Great Lakes, London, Monaco, Greece, Russia, Croatia, Montenegro, Scandinavia, Malta and Corfu. To contact an IYC office click here.

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