Insurance

Understanding your insurance options

Before you set sail, it's important to understand what's covered during your charter. Below is a breakdown of the three key insurance and security areas that apply to all Cumberland Charter Yachts bookings.

Personal Travel Insurance

Travel insurance covers you if you need to cancel your trip for a specified reason before you depart. You'll be reimbursed for pre-paid, non-refundable expenses in the event of sickness, injury or death of yourself, a family member or travelling companion.

  • Trip cancellation due to illness or injury
  • Death of you or a travelling companion
  • Cancellation due to a cyclone (conditions apply)
  • TopSail Insurance specialise in travel insurance for yacht holidays


Please read the Product Disclosure Statement (PDS) to check all conditions and limitations before purchasing.

Vessel Damage Waiver

$60.00 per night

A non-refundable damage waiver is charged to cover minor loss or accidental damage to the vessel or its inventory. All vessels are insured to protect the owner against loss or damage to the vessel and its equipment.

Please be aware that any structural damage or damage causing the vessel to be unseaworthy while on charter will require the vessel to be returned to base for assessment and repair. This may result in termination of the charter with no reimbursement of charter fees.

Not covered by the waiver

  • Blocked toilets
  • Additional cleaning costs
  • Groundings (covered separately by the grounding security bond)
Please return the vessel clean — washing up completed and all rubbish removed, including bait and debris.

Grounding Security Bond

$3,000 pre-authorisation

On the morning of your departure, we require a valid credit or debit card for a pre-authorisation of $3,000. This acts as a security deposit covering potential grounding or damage incidents during your charter.

  • Pre-authorisation only — not a charge to your card
  • Released once the vessel is returned and hull dive checked
  • Typically released within a few business days
  • Standard procedure across all CCY charters
The pre-authorised amount will only be charged if damage occurs during your charter that is not covered by the damage waiver.

Have a question about insurance?

If you're unsure about the damage waiver or bond requirements before your charter, our team is happy to help. Fill in the form and we'll be in touch shortly.

Or contact us directly:

07 4946 7500

wecare@ccy.com.au

CCY staff are not permitted to give any advice regarding travel insurance. Please contact your preferred travel insurance provider about any questions you may have.