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Buzz

Pantaenius America Offers Coverage For Cuba Travelers

21-Sep-2016

Now’s your time to travel to Cuba! Pantaenius America Ltd. now offers insurance coverage for American yacht owners who wish to take their boats to the island.

Though a mere 90 miles from the coast of Florida, Cuba has been off limits to most U.S. yacht owners for more than 50 years.
“Several months ago, our legal team petitioned the U.S. Department of State’s Office of Foreign Assets Control (OFAC), seeking approval for our company to write insurance for U.S. citizens allowed to travel to Cuba by boat and to pay claims that occurred in Cuban waters,” says Cary Wiener, president of Pantaenius America Ltd. “Pantaenius now has the green light and has become the first U.S. yacht insurance provider to offer coverage to American citizens traveling in Cuban waters.”

Coverage to Cuba will be limited to yachts valued at $200,000 or more.

For more information, visit pantaenius.com/CUBA.

 

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