Corporate Aircraft Liability Insurance

Corporate aircraft liability insurance is an important coverage for any corporation that owns a single plane or a large fleet.  This aviation insurance coverage includes aircraft liability, airplane hull insurance and medical payments.  It also includes the aircraft operator’s and aircraft owner’s legal liability, war liability and charter operator’s liability in association with the aircraft operations.

At Alpha Risk Management, our aviation insurance professionals have access to all of the aviation insurance markets for corporate aircraft liability insurance.  We provide sufficient coverage for a wide range of contingencies, while also reducing the cost of your premiums.

Corporate aircraft liability can be divided basically into two categories:

• Liability resulting from the operations the airline is set up to perform in respect of passengers, baggage and cargo on the aircraft. These are normally the subject of a contract of carriage like a ticket or airway bill, which provides some possibility of limiting the airline’s liability.
• The aircraft third party liability which is damage done to property or people outside the aircraft itself.

Corporate aircraft arrange liability insurance for these two categories in a single liability policy. Many countries impose minimum limits as a prerequisite to obtain an operator’s license.  Elsewhere limits are specified for an aircraft to be allowed to land. The size of the limit is often related to the size of the concerned aircraft. A small aircraft operating in remote regions and making small air trips incurs considerably less potential exposure than an aircraft flying into and out of major airports.
Liability coverage of aircraft insurance provides for injury or damage to passengers or their belongings. There is a common misconception that aircraft liability insurance is covered by other liability insurance policies.  Quite unlike auto insurance or watercraft insurance, an aviation insurance policy has a number of perquisites to be catered to for obtaining the increased limits of liability.   We can obtain up to $500,000,000 in liability.

At Alpha Risk Management, we understand your need to make wise insurance decisions that provide the right corporate aircraft liability coverage with a wide range of contingencies, while also reducing your premiums. Since this is the ideal risk that the aviation insurance companies want to cover, they can be very aggressive in trying to insure your operations. With Alpha Risk Management as your broker, you can rest assured that we will properly evaluate your needs and market your insurance coverage to every insurer.

For a no cost or obligation analysis and consultation, call us today at 480-304-5090 or click the button below.