Aviation Insurance specifically covers the operation of aircraft and the risks involved in aviation.
This policy is distinctly different from policies for other areas of transportation. It incorporates limits and clauses specific to aviation transportation.
It is divided into several types of insurance coverage but we provide:
a.) In-Flight Insurance:
This covers a plane for damages sustained while it is in motion. In-Flight Insurance is typically the most expensive type of Aviation Insurance since most accidents happen in the period that it covers.
b.) Ground Risk Hull (Non-Motion) Insurance:
Covers a plane for damages sustained while it is on the ground but not in motion. This would include damages from crime, natural disasters and animals occurring when the plane is on ground and not in motion.
c.) Public Liability Insurance:
This type of Aviation Insurance is often referred to as Third Party Liability. It covers aircraft owners against damage(s) that their aircraft will cause to third party property such as houses, cars, crops, airport facilities or damages occurring from collision. It does not provide coverage for damage(s) to the insured aircraft itself or coverage for passengers injured on the insured aircraft.