No, all installments must be paid at least thirty days prior to embarkation. Standard international yacht charter payment terms are: 50% upon booking, 50% thirty days prior to embarkation. Because of the extreme seasonal nature of yachting business, this type of payment term was put in place long ago to reflect the need for allowing a minimum amount of time for re-placement of weeks that might otherwise be cancelled on late notice. This would make it impossible for owners to fill in the missing week in their booking schedule, hence experiencing a considerable loss given their extremely short time frame within which they have to make their living for the rest of the year (we are talking three working months out of twelve ). That is why these terms were made universal. Should you feel there might be a possibility of you not making it for any reasons, such as guests with particular health issues, you may find it useful to get a travel cancellation insurance. We recommend EIS insurance for this. As legal proof of payment you will sign the yacht charter agreement upon booking, together with receiving the invoice for your yacht charter stating all details and payment instructions.
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