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.
CAAP failed to implement 15 of 16 infra projects targeted for completion last year
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