(a) Definitions.— In this section, the terms sailing
school instructor, sailing
school student, and sailing
school vessel have the meaning given those terms in section
2101 of this title.
(b) Not Seamen.— A sailing
school student or sailing
school instructor is deemed not to be a seaman under
(1) parts B, F, and G of subtitle II of this title; or
(2) the maritime law doctrines of maintenance and cure or warranty of seaworthiness.
(c) Not Merchant Vessel or Engaged in Trade or Commerce.— A sailing
school vessel is deemed not to be
(1) a merchant vessel under section
11101 (a)(c) of this title; or
(2) a vessel engaged in trade or commerce.
(d) Evidence of Financial Responsibility.— The owner or charterer of a sailing
school vessel shall maintain evidence of financial responsibility to meet liability for death or injury to sailing
school students and sailing
school instructors on a voyage on the vessel. The amount of financial responsibility shall be at least $50,000 for each
student and instructor. Financial responsibility under this subsection may be evidenced by insurance or other adequate financial resources.