Aircraft Liability Insurance
Definition of "Aircraft liability insurance"
Coverage for the insured in the event that the insured's negligent acts and/or omissions result in losses in connection with the use, ownership, or maintenance of aircraft. Liability coverage can be provided for bodily injury and/or property damage to passengers and also to individuals who are not passengers, medical payments insurance may be included on an optional basis.
Popular Insurance Terms
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Annual premium expressed on a proportionate basis such as monthly, quarterly, or semiannually. ...
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Refusal by an insurance company to underwrite a risk. ...
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