Aircraft insurance provides financial protection for aviation companies, including owners and operators of aircraft such as airplanes, helicopters, or drones.
Types of Coverage:
- Aviation Hull & Machinery: Aircraft, installations, and onboard equipment.
- Third Parties & Passenger Liability: Civil liability for third parties, passengers, baggage, and personal belongings.
- Product Liability: Manufacturer's liability for aircraft and spare parts.
- Personal Accidents: Accidents involving flight crew and ground personnel.
- Operator Liability: Liability of airport operators.
Coverage Includes:
- Total/constructive destruction, total loss, or damage to the aircraft during flight, taxiing, or parking.
- At the Insured's request:
- Entire aircraft from civil, state, or experimental aviation.
- Separate onboard units.
Optional Extensions:
- Coverage for war risks, theft, or other hazards.
- Reimbursement for search, location, and cleanup operations.
Required Documents:
For Aircraft:
- State registration certificate.
- Certificate/license of airworthiness.
- Ownership, economic management, or operational control documents.
- Additional documents as required by authorities.
For Separate Units:
- Unit passport.
- Relevant forms.
Insurance Conditions:
- Submission of a formal application with relevant documents.
- Valid operator and airworthiness certificates.
- Compensation is paid within 14 days of investigation completion.
- Insured sum agreed by parties, not exceeding the aircraft’s value on the contract date.
Premiums:
- Calculated based on the insured sum, rates, contract terms, aircraft type, operational zones, crew qualifications, and other risk factors.
- Payable as a lump sum or in installments.
Benefits and Discounts:
- Flexible discounts for contract renewal.
- Additional discounts for insuring more than 5 aircraft.
For assistance or additional information, contact us at:
+373 (22) 26 44 44 (24/7).