Aerospace & Aviation

Aircraft liability insurance covers bodily injury and property damage resulting from the operation of an aircraft. Coverage typically includes legal defense costs, medical expenses, and compensation for third-party claims, helping you manage the financial risks and responsibilities arising from aircraft operations.

Non-owned aircraft liability insurance covers individuals or entities who operate or use an aircraft they do not own. This insurance is vital for charter operators, flight instructors, and those who rent or borrow aircraft as it helps protect them against third party claims arising from accidents or incidents involving the aircraft.

Hangar keepers’ liability insurance is designed to help protect businesses that operate aircraft hangars against financial losses from potential damage to aircraft in their care, custody, or control. It typically covers theft and vandalism while the aircraft are on the premises for storage, repair, or servicing.

Hull and physical damage insurance helps protect against financial loss stemming from the high costs associated with physical damage to aircraft. This insurance typically covers repairing or replacing aircraft due to incidents like crashes, fires, theft, or natural disasters.

Pilot insurance generally refers to insurance like accidental death and dismemberment (AD&D) insurance, pilot life insurance, and loss of license disability insurance. These coverages can help provide financial protection in the event of an accidental death or severe injury specifically related to aviation activities. Pilot insurance can help alleviate financial burden during difficult times.

Aviation products liability insurance typically covers manufacturers, suppliers, and service providers against third party liability arising from the products they produce or sell. This includes covering bodily injury or property damage to others caused by defects in products, such as aircraft parts and components.

Excess insurance is supplemental liability coverage that provides additional limits beyond the limits of a primary liability insurance policy. This type of insurance is important for aviation businesses and aircraft owners, as it helps to safeguard them against significant financial losses that may arise from certain large claims or lawsuits.

Aviation professional services liability insurance helps cover claims for financial damages alleged by a third-party rising from professional services (such as consulting) provided by the Named Insured. As an example, this could include a claim for financial losses to an aircraft buyer due a poorly executed pre-buy inspection (i.e. unplanned expenses that occur after closing that should have been addressed prior to purchase).

CFI insurance is designed to help protect flight instructors against potential liabilities arising from their teaching activities. It typically covers third-party bodily injury and property damage claims that may occur during flight training sessions.

CGL insurance for aviation businesses typically covers third-party bodily injury and property damage claims that arise from their operations. This insurance is crucial for helping aviation companies protect themselves against financial losses stemming from accidents, negligence, or other covered incidents. It typically covers legal defense costs, settlements, and judgments.

Commercial property insurance can help provide financial protection for a business’s physical assets, such as hangars, maintenance facilities, and office buildings against claims arising from damage, theft, and vandalism, for example. Business interruption coverage can be added to commercial property insurance to help with recovery from business disruptions.

Contractual liability insurance helps cover claims that occur as a result of the business's contractual obligations. This helps aviation businesses manage risk and maintain financial stability when entering into contracts with clients and partners.

Cyber insurance provides coverage for financial losses and liabilities resulting from cyber incidents such as data breaches and other cyber attacks. Depending on the policy, coverage can include costs related to incident response, legal fees, notification expenses, credit monitoring services for affected individuals, and business interruption losses.

Directors and officers (D&O) insurance provides coverage for the personal liability of directors and officers in the event a claim is brought against them for wrongful acts committed while managing the company.

Employment Practices Liability Insurance (EPLI) provides coverage for certain employment-related claims related to employment practices, such as discrimination, wrongful termination, and harassment.

Environmental and pollution liability insurance provides coverage for environmental damages and pollution-related incidents resulting from aviation operations. This addresses liabilities arising from the release of pollutants or hazardous substances into the environment, such as fuel spills, chemical emissions, and other contaminants.

Professional liability insurance helps protect against claims of negligence, errors, or omissions in the course of doing business. This typically covers financial losses resulting from lawsuits alleging that the aviation business's professional services caused a client financial harm due to negligence or failure to perform as promised.

Satellite Insurance helps cover risks associated with satellite operations, including the launch, in-orbit operations, and decommissioning phases. It typically addresses losses such as physical damage during launch, malfunction or failure while in orbit, and third-party liability from damages caused by satellite debris.

Unmanned aerial vehicle (UAV) Insurance, or drone insurance, helps provide coverage for operators of drones or unmanned aerial systems (UAS). Hull insurance typically covers physical damage to the drone itself while liability insurance generally covers bodily injury and property damage caused to third parties due to drone operations.

Workers' compensation insurance for aviation companies typically covers employees who are injured or become ill as a result of their job duties. For businesses operating overseas or on U.S. government contracts, the Defense Base Act (DBA) and Foreign Voluntary Compensation (FVC) may offer additional coverage for eligible employees.