Airport Liability Coverage

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Airport Liability Coverage

An insurance policy providing coverage to the owners and operators of an airport in the event that a person or property is damaged while on the airport's premises. That is, if a person slips and falls in an airport bathroom, or if a plane crashes into another on the runway, airport liability coverage would protect the airport from any ensuing lawsuits.
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However, 77 of the country's airports under CAAP have been insured with the GSIS under Fire Industrial All Risk Insurance and Airport Liability Insurance against Fire Industrial All that included sabotage and terrorism.
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