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Old 11-20-2012
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Re: HMS Bounty in trouble...

Originally Posted by PCP View Post

Even if I don't like it a bit, a mandatory rescue insurance will be an effective measure. It will make possible even for the ones that want to go offshore on old boats in bad condition or in inadequate boats to do so but the premium would be so big in that case that would really discourage them do that. For guys with big new boats the premium would be probably very small unless the area to sail was particularly dangerous.


If you were familiar with the insurance industry you would not have said that.
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