Category: Medical Insurance Articles

While tenders and toys add excitement and fun to any charter, managing these powerful machines is not always straightforward. Last summer, two charter guests were killed when they crashed a Yamaha WaveRunner into a concrete bridge support near Star Island on the Intracoastal Waterway just off Miami Beach. The summer before that, a tender crashed Read More

For the past several years, a significant number of yacht insurance underwriters and carriers have been operating in the red — essentially paying out more to cover claims than they have received in premiums — well over 200 percent more in 2017, for example. Read More

Superyacht Insurance Group is the exclusive insurance broker for Global Mariner, a new crew medical policy designed exclusively for yacht captains and crew. “There are two things that set this plan apart,” said Maria Karlsson, president of Superyacht Insurance Group. “It has a simple and easy-to-understand design that will not overwhelm captains and crew. Read More

By Maria Karlsson The Patient Protection and Affordable Care Act, nicknamed Obamacare, went into effect on Jan. 1, 2014. The law was designed to allow U.S. citizens (even individuals with pre-existing medical conditions) the chance to get health insurance and lower the number of uninsured people in the U.S. Read More

by Maria Karlsson Obamacare doesn’t only affect U.S. crew members, but the entire global yachting industry, including non-U.S. crew. Why? Because most U.S. and European underwriters have tightened their guidelines concerning the yacht’s time spent in and out of U.S. waters. Most underwriters globally now require that yachts spend at least six months outside U.S. Read More