The Boat Bond®

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How it Works

Examples

To help explain the concept a little more we have put together some examples.

Example 1

Mr Fisher likes to have a couple of short breaks per year sea angling in the UK. On the 1st October 2007 he purchases 1500 points per year for 3 years on the Boat Bond® Bronze plan and becomes a Boat Bond Member. This costs him a total of £324 and entitles him to choose to fish from any of our locations until 30th September 2010.

Taking advantage of his purchase straight away, he decides to take a 4 day fishing trip from Monday to Thursday in January 2008 on the Cleveland/Yorkshire Coast. Consulting the tariffs, he books the 4 weekdays for 250 points per day with a user charge of £18 per day (ie his points account is debited 1000 points and he is invoiced for £72). This leaves Mr Fisher with an account balance of 500 points. He decides to take a short 2 day fishing break, this time on the Suffolk/Norfolk coast, in July 2008. Consulting the tariffs, he books a Monday and Tuesday for 250 points per day with a user charge of £18 per day (ie his points account is debited 500 points and he is invoiced for £36).

i.e. With the Bronze Plan, Mr Fisher enjoys his first 6 days fishing of his 3 year bronze plan at a cost of only £36.00 per day!

Example 2

Mrs Rodman purchases a Boat Bond® Silver Plan as an Anniversary present for her husband to enable him to become a Boat Bond® Member. This entitles Mr Rodman 1500 points every year for the next 6 years at a total cost to his wife of £540.

In his first year he decides to go fishing 3 week days from Hartlepool and 3 week days from Lowestoft so as to use his yearly 1500 points allocation and does not have to pay a user charge at all in the first year because his Boat Bond® Silver Plan has a special introductory offer (No User Charge for Silver, Gold and Platinum Plan Members in the first 12 months). Unlike Mr Fisher in example 1 above, who purchased the Boat Bond® Bronze Plan, Mr Rodman can calculate his first 6 days fishing to have cost only £15 per day, and if he upgrades to a Boat Bond® Platinum Plan within the first 12 months of being a member (subject to availability) his first 6 days fishing would then only have cost a total of £10 per day.

i.e. With the Silver Plan, Mr Rodman enjoys his first 6 days fishing of his 6 year plan and saves himself £108 in user charges.