This clause are basically Institute Hull clauses amended for yachts and include all damages to hull, masts, spars, sails and other equipment on board the yacht but does not include damage whilst the yacht is racing.
Caution should be taken with regard to charter yachts and if the risk is accepted, the following warranty must be included into the policy conditions, namely:
‘Warranted that professional skipper & crew is in attendance at all times’
Full details of the Skipper and Crew’s experience must be obtained.
