In Trade Only, Peter Swanson of the Active Interest Media Marine Group wrote that the US arm of German insurer Pantaenius has said it will begin providing coverage for “American boats traveling in Cuban waters,” eliminating what Swanson called “a major barrier to cruising and fishing in Cuba.” Cary Wiener, president of Pantaenius USA, is cited as saying his company petitioned the Treasury Department’s Office of Foreign Assets Control seeking a regulatory change that would let the insurer pay claims that originated in Cuban waters. Swanson wrote that US-based insurers, including AIG and Gowrie, have also “demonstrated” an interest in participating in the Cuban market.
U.S. approves boat insurance for Cuba travel
Common sense has finally prevailed. Pantaenius, a U.S. marine insurer, said it will offer coverage for American boats traveling in Cuban waters. This could eliminate a major barrier to cruising and fishing in Cuba.
The division of the U.S. executive department that regulates interactions with Cuba beneath the U.S. Embargo proclaimed that U.S. voters with a legal reason to trip Cuba might do thus by boat–their own boats. However, the rules failed to allow U.S. insurers to supply hull insurance.
good
seo
dsfdsf
I have got interesting methods and great process here about traveling to cuba really very impressive site. American boats traveling in cuban waters for entertainment, go along with your family.
This is really a best thing especially for small business owners who have boats. They can get insurance of their boats and then expand their business more and more.
Thanks for this great share. This site is a fantastic resource. Keep up the great work here at Sprint Connection!
good
Your traveling post really awesome all point of view, Because traveling is of the best way to enjoy own life. Some people like to travel in group and some time we want to travel alone. But boot insurance is of the most important factor to save traveling.
Pakistan's First online travel company faremakers always here to help you just logon our website and cheap airline tickets of your favorite airlines airblue , shaheen air, PIA
great
Comments are closed.