{"id":643,"date":"2016-10-21T11:00:20","date_gmt":"2016-10-21T11:00:20","guid":{"rendered":"http:\/\/sanctumsuperyacht.com\/?p=643"},"modified":"2016-11-09T17:29:08","modified_gmt":"2016-11-09T17:29:08","slug":"preparing-for-a-refit","status":"publish","type":"post","link":"https:\/\/www.sanctumsuperyacht.com\/preparing-for-a-refit\/","title":{"rendered":"Preparing for a refit"},"content":{"rendered":"<p style=\"text-align: left;\">With the season winding down, the customary winter yard periods are now in full swing. Whether you&#8217;re preparing for routine winter maintenance or some more serious work, it\u00a0would be prudent to advise your insurers. You should disclose the\u00a0yard where the work is being undertaken, what is being done (in particular any hot work), the\u00a0anticipated yard period and also seek a copy of the yard\u2019s ship repairer\u2019s liability.<\/p>\n<p>Depending on where you are in the world, yards offer a varying degree of ship repairer\u2019s liability. In\u00a0some cases, yards provide no cover and instead ask you to extend your yacht insurance to cover the\u00a0yard\u2019s liabilities by way of a &#8216;Waiver of Subrogation&#8217;. This means that your insurers have no recourse\u00a0against the yard should they damage your yacht whilst in their care. This unfortunately increases the\u00a0risk exposure for your insurers and may result in additional premium being charged.<\/p>\n<p><a href=\"http:\/\/sanctumsuperyacht.com\/wp-content\/uploads\/2016\/10\/Refit-image-1.jpg\"><img loading=\"lazy\" class=\"size-medium wp-image-928 aligncenter\" src=\"http:\/\/sanctumsuperyacht.com\/wp-content\/uploads\/2016\/10\/Refit-image-1-300x179.jpg\" alt=\"refit-image\" width=\"300\" height=\"179\" srcset=\"https:\/\/www.sanctumsuperyacht.com\/wp-content\/uploads\/2016\/10\/Refit-image-1-300x179.jpg 300w, https:\/\/www.sanctumsuperyacht.com\/wp-content\/uploads\/2016\/10\/Refit-image-1-768x458.jpg 768w, https:\/\/www.sanctumsuperyacht.com\/wp-content\/uploads\/2016\/10\/Refit-image-1-1030x614.jpg 1030w, https:\/\/www.sanctumsuperyacht.com\/wp-content\/uploads\/2016\/10\/Refit-image-1-1500x894.jpg 1500w, https:\/\/www.sanctumsuperyacht.com\/wp-content\/uploads\/2016\/10\/Refit-image-1-705x420.jpg 705w, https:\/\/www.sanctumsuperyacht.com\/wp-content\/uploads\/2016\/10\/Refit-image-1-450x268.jpg 450w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Some other considerations to think about\u2026.<\/p>\n<ul>\n<li>Whilst most work can be noted and agreed by your yacht insurers, work involving a\u00a0change in the yacht\u2019s length, a serious contract price and\/or a significant time period\u00a0spent in the yard (say in excess of a year), may be better suited to a builder\u2019s risk policy.<\/li>\n<li>If you are planning to undertake work in a facility with contractors, the chances are they\u00a0will have very limited insurance and no repairer\u2019s liability insurance so ensure you have\u00a0extended your yacht insurance.<\/li>\n<li>Likewise, if the yard is employing subcontractors, check that they fall under the yard\u2019s\u00a0ship repairer\u2019s liability or are included within the waiver of subrogation that has been\u00a0agreed.<\/li>\n<li>If hot work is being undertaken, ensure the relevant permits have been issued with the\u00a0relevant fire fighting precautions in place during the hot work. This may be a warranty\u00a0that your insurers apply when noting the yard period.<\/li>\n<\/ul>\n<p>If you are in any doubt, or have any questions about insurance cover whilst in the yard, check with\u00a0your insurers to ensure cover is not prejudiced and the right cover is in place.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the season winding down, the customary winter yard periods are now in full swing. Whether you&#8217;re preparing for routine winter maintenance or some more serious work, it\u00a0would be prudent to advise your insurers. You should disclose the\u00a0yard where the work is being undertaken, what is being done (in particular any hot work), the\u00a0anticipated yard [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.sanctumsuperyacht.com\/wp-json\/wp\/v2\/posts\/643"}],"collection":[{"href":"https:\/\/www.sanctumsuperyacht.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sanctumsuperyacht.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sanctumsuperyacht.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sanctumsuperyacht.com\/wp-json\/wp\/v2\/comments?post=643"}],"version-history":[{"count":12,"href":"https:\/\/www.sanctumsuperyacht.com\/wp-json\/wp\/v2\/posts\/643\/revisions"}],"predecessor-version":[{"id":944,"href":"https:\/\/www.sanctumsuperyacht.com\/wp-json\/wp\/v2\/posts\/643\/revisions\/944"}],"wp:attachment":[{"href":"https:\/\/www.sanctumsuperyacht.com\/wp-json\/wp\/v2\/media?parent=643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sanctumsuperyacht.com\/wp-json\/wp\/v2\/categories?post=643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sanctumsuperyacht.com\/wp-json\/wp\/v2\/tags?post=643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}