Aircraft Hull Insurance
Coverage on an all risks basis whether the airplane is on the ground or in the air; also called hull aircraft insurance. Exclusions, although none are standard, include illegal use of an aircraft; using an aircraft for purposes other than that described in the policy; wear and tear; piloting the aircraft by someone not named in the policy; operating an aircraft outside stipulated geographical boundaries; and damage or destruction of an aircraft resulting from war, riots, strikes, and civil commotions, mechanical breakdown loss, structural failure loss, and conversion. The hull value includes instruments, radios, autopilots, wings, engines, and other equipment attached to or carried on the plane as described in the policy.
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