Because we care about your vacation investment, Footloose offers two insurance programs to assure your charter is as carefree as it should be.
- Our Yacht Security Insurance reduces your possible financial liability should your yacht or equipment be damaged during your vacation. This insurance is not optional and the cost will be included in your Vacation Estimate.
- CharterCare Protection Program offered through AIG Travel Guard, protects you from financial loss if for some reason you must cancel or delay your charter. A small fee ensures you may resume or reschedule your vacation at a later date in the event of family illness, jury duty, etc., or if your trip is interrupted. It also provides some medical coverage should you become ill or injured during your Footloose charter. This insurance is optional; however, it may protect you from financial loss should you cancel or reschedule your charter. We recommend you consider including it in your charter contract.
One of the following security payments must be selected to guarantee a bareboat charter:
- A non-refundable security insurance premium is available. This is called Yacht Security Insurance. With payment of this insurance premium, the charterer is relieved of all liability for loss or damage to the yacht and its equipment, except for loss or damage to the yacht and its equipment caused by gross negligence or wanton or willful misuse by charterer, his or her family, guests and agents, for which charterer may be solely liable. This coverage carries a small deductible amount. Contact your local Vacation Planning Specialist for details.
- A refundable security deposit can be applied to the repair of damages or replacement of lost equipment caused by charterer or by any of his party. This deposit will be refunded after the termination of the charter pending receipt and review of an inspection report by the company. This deposit relieves the charterer of loss or damage over the amount of the deposit to the yacht or its equipment, except for loss or damage over the amount of the deposit caused by gross negligence or wanton or willful misuse by the charterer, his or her family, guests and agents, for which charterer may be solely liable.
Even the most carefully planned vacation can be affected by unforeseen events: anything from jury duty to weather delays. Realizing the commitment you make in time and money prior to your vacation, Footloose has developed a plan to protect your investment – and your vacation.
CharterCare can act to protect you from financial losses stemming from cancellations or delays due to:
- Family Illness Or Injury
- Trip Interruptions
- Damage To Your Home Due To Natural Disaster
- Other Causes, Such As Mandatory Jury Duty
It provides other benefits, as well including:
- Emergency Cash Transfer Assistance
- Emergency Medical & Dental Assistance
- Lost Documents Assistance
- Life Insurance
- Coverage Of Lost Or Delayed Baggage
- And More
In addition to these benefits, AIG Travel Guard also offers 24 hour assistance services available anywhere in the world.
This is a brief description of the insurance benefits and travel services provided. Insurance is underwritten by National Union Fire Insurance Company of Pittsburgh, Pa., a Pennsylvania Insurance Company (NAIC #19445) with their principal place of business at 70 Pine Street, New York, NY 10270. It is a member of the AIG Companies® and is currently authorized to transact business in all states and the District of Columbia. The Policy will contain reductions, limitations, exclusions and termination provisions. All coverages may not be available in all states. Travel Services are provided by AIG Travel Assist.
pdf charter care protection brochure for details.
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