Aircraft Liability Insurance

Aircraft Liability Insurance

An insurance policy providing coverage to the owners and operators of an airplane in the event that a person or property is damaged while on airplane. That is, if a person slips and falls in the bathroom, or if the plane crashes into another on the runway, aircraft liability insurance would protect the plane from any ensuing lawsuits.
References in periodicals archive ?
Baltia carries $100,000,000 aircraft liability insurance, ground only, of which $10 million is through State National Insurance Co.
Therefore, the company has not purchased aircraft liability insurance.
Its regulations state that it provides aircraft liability insurance covering the university's liability arising out of the use of aircraft the university owns and operates.
The Snapshots report gives an instant overview of the Romanian non-life insurance market and covers Insurance for land vehicles, other than railway rolling stock, Motor third party liability insurance, Insurance against fire and natural forces, Insurance against damage to property, Credit Insurance, General liability insurance, Accident and sickness insurance, Insurance of goods in transit, including merchandise, baggage and any other goods, Touring assistance insurance, Insurance for ships, Aircraft liability insurance, Private Health Insurance, Aircraft insurance, Insurance against financial loss, Suretyship insurance, Liability insurance for ships, Insurance for railway rolling stock and Insurance of legal expenses.
Consider the case of aircraft liability insurance for manufacturers and airlines.
or its predecessor companies, and specialized in aircraft liability insurance.
The typical non-owned aircraft liability insurance policy has wording that is similar to the liability section of an auto policy that provides "hired" and "non-owned" coverages; in fact, the insuring agreements and some of the exclusions in these policies were derived from the wording in auto policies.
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