Whereas a standard Loss of Charter Hire insurance covers marine perils and loss due to physical damage to the Yacht, the extended Loss of Charter Hire policy will extend to many other external sources of interruption which are outside the control of the Yacht owner or manager.
These wil include:
- Extreme weather
- Life-saving or refugee rescuing
- Illness, death or injury to persons on board the insured Yacht(s)
- Natural disaster
Norwegian Hull Club is willing and has the expertise to tailor-make your Loss of Charter Hire coverage.