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Moorings Power Insurance


Ensuring A Worry-Free Vacation

Because we care about your vacation investment, The Moorings Power 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.

Our CharterCare Protection Program 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 Moorings Power 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. For more information contact one or our Vacation Planning Specialists.

 

CharterCare - Your Vacation Protection Package
(offered through Travel Guard)

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, The Moorings 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
  • Being involved in a documented traffic accident en route to departure
    Hijacking
  • Quarantine
  • Damage To Your Home Due To Natural Disaster
  • Other Causes, Such As Mandatory Jury Duty or subpoena

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


download the pdfClick here to download a pdf version of the CharterCare Vacation Protection Program  Description of Coverage.


Yacht Security Insurance

Yachts and their equipment must be guaranteed with security insurance in order to charter. A non-refundable security insurance premium is available. This is called Moorings Power 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. You may also elect to leave a refundable security deposit. Contact your Vacation Planning Specialist for details.

When you confirm your reservation with your initial deposit, Moorings Power will send complete details of our CharterCare policy along with the other documentation for your charter.

You will have the option at that time to accept or decline the coverage offered. The cost of CharterCare coverage is automatically added to your Vacation Estimate Of Costs to indicate what the total cost of your coverage will be. Should you decline the coverage, this cost will be deducted from the final cost for your vacation.