Aviation insurance is insurance coverage geared specifically to the operation of air-crafts and the risks involved in aviation.
Policies include the following:
- Aviation Hull All Risks and Liability Policy:
The policy covers physical loss or damage to the following
- Aircraft owned or operated or leased to the insured.
- Passengers liability in respect of death or bodily injury
- Death or bodily injury to third parties not being carried in the aircraft
- Loss or damage to third party property
- Third parties or passengers using the premises of the insured
- Loss or damage of the aircraft whiles in custody, care or control of the insured
- Air-crafts serviced or repaired, fuel sold or supplied by insured.
- Air-crafts serviced or repaired, fuel sold or supplied by insured.
- Aviation Hull War Risks Policy:
War/hijacking risks are excluded under the aviation hull
risks cover. However, this policy provides cover for the above exclusion at an
additional premium.
there must have been an Aviation Hull All Risks Policy to enable you take out
this policy
- Aviation Hull Deductible Policy:
At an additional premium, this policy allows the insured
(Airline operators) to purchase protection for the deductible imposed under the
Hull All Risks Policy.
- Aircrew Personal Accident Policy:
This covers the Airline Operator for his liability to
his aircrew employees arising from death or bodily injury sustained in the
course of employment. This includes pilots, flight engineers and cabin
crew/staff
- Loss of Flying License Policy:
This policy protects the pilot’s loss of earnings as a result of illness or accidental bodily injury, which renders him incapable of working or functioning as a pilot. This Policy can be effected by an airline operator on behalf of its pilot(s) or be effected by the pilot personally