What types of insurance are required for a yacht?
The following types of insurance are recommended for a yacht:
Liability insurance: Covers damage caused to third parties, including other vessels and people.
Casco: Covers damage to the yacht itself as a result of accidents, collisions, natural disasters and other incidents.
Crew insurance: Covers medical expenses and compensation for crew members in case of injuries or accidents.
Property insurance: Covers theft and damage to property on board the yacht.
Insurance in case of interruption of operation: Compensates for losses related to the inability to use the yacht due to repairs or damage.
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