As a condition of the boat owners insurance, we require a security bond to be lodged. This is processed as a pre-authorisation on a credit card. The pre-authorisation freezes the availability on your credit card and no money is withdrawn from your account, however you do need to have this sum available in your account for the pre-authorisation to be possible. If the boat is damaged we will then withdraw the money from your account. The most you are liable for is $4000.
Please note that the security bond is a condition of your charter. It is not a type of travel insurance nor does taking travel insurance waive this charge.
The Yachtsman’s Travel insurance policy through Topsail Insurance may offer the insurance you require.
This policy covers:
– charter fees
– domestic flights
– optional extra cover to protect the security bond
– …and more
Please note – the security bond cover is an optional extra cover within the policy, you need to select ‘Boat or car hire deposit protection’ and the correct deposit amount.
Under the Financial Services Reform Act, we can not legally advise you on insurance matters. However, the staff at Topsail Insurance are happy to help you with your questions.
Phone: (02) 9188 7828
The Domestic Comprehensive travel insurance policy through Cover-More may offer the cover you require.
This policy covers:
– cancellations due to contracting COVID-19 (optional extra, please check the inclusions).
– charter fees
– domestic flights
– … and more
Please note – this policy does not protect the security bond, if you require this to be covered then look at the Topsail Insurance policy.
Under the Financial Services Reform Act, we can not legally advise you on insurance matters. However, the staff at Cover-More are available to help you with your questions.
Phone: 1300 728 822
The Australian Comprehensive Travel insurance policy through NIB is available for the crew on your bareboat holiday in the Whitsundays.
This policy covers:
– charter fees
– domestic flights
– … and more
Please note – this policy does not protect the security bond, if you require this to be covered then look at the Topsail Insurance policy.
Whitsunday Escape Pty Ltd, ABN 13 098 179 152 is a distributor of nib Travel Services (Australia) Pty Ltd (nib), ABN 81 115 932 173, AFSL 308461. Before deciding to purchase this product, read the Product Disclosure Statement available from us. This insurance is underwritten by XL Insurance Company SE, Australia branch (ABN 36 083 570 441).
The Bareboat Hirer’s Liability Policy through Oceanic Marine Risks is an additional policy and is designed to be taken out in addition to the standard policies above as it covers an entirely different range of things. It is designed to protect you from claims made against you or members of your charter party for:
caused by (or as a result of) your negligence.
For this policy to apply to you, the hired boat or the tender must be involved in the loss.
The Bareboat Hirer’s Liability Insurance Product is only available on-line.
If you have any concerns about the weather and your insurance, please read the information on the following page. We’ve answered the most common questions about how it all works and what you can or can’t claim.