REQUIREMENTS
- Completed Proposal Form
- The Aero plane’s value
- KRA PIN for the Insured
- Premium Payment
OUTLINE
Aviation insurance is a specialized type of insurance coverage designed to protect aircraft owners, operators, and aviation-related businesses from various risks and liabilities associated with aviation operations. It provides financial protection in the event of accidents, damage, or losses related to aircraft and aviation activities.
DETAILS AND BENEFITS
Aviation insurance typically encompasses several key components:
1. Hull Insurance: This covers physical damage to the aircraft itself, including the airframe, engines, and avionics, resulting from accidents, collisions, or other covered events.
2. Liability Insurance: Aviation liability insurance provides coverage for bodily injury and property damage that may arise due to aircraft operations, including accidents, collisions, or incidents on the ground.
3. Passenger Liability Insurance: This component covers the liability arising from injuries or damages suffered by passengers aboard the insured aircraft.
4. Third-Party Liability Insurance: It protects the policyholder from liabilities arising from injuries or damages caused to third parties, such as individuals on the ground or in other aircraft, as a result of aviation operations. Hangar keepers and Cargo Insurance.
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