Aviation Exclusion

Definition of "Aviation exclusion"

Common exclusion in life and accidental death insurance (double indemnity) policies, indicating that coverage does not apply unless an insured is a passenger on a regularly scheduled airline. For example, if an insured is killed while a passenger in a private plane crash, the aviation exclusion would apply, and the insured's beneficiary would not receive a death payment.

Search Real Estate Glossary

Related Real Estate Glossary terms

Skylight

A window in a roof or ceiling of a structure from which light enters the house. ...

Federal Housing Administration Insured Mortgage

Under a FHA-insured mortgage, both the property and the borrower must meet certain minimum standards ...

Venue

Geographic location where a court action and trial takes place. The legal proceedings should occur i ...

Financial Leverage

A portion of a real estate company's assets financed with debt instead of equity. It involves inter ...

Horizontal Property Laws

Body o law relating directly to condominiums and cooperative developments. Most property law provide ...

Flood Insurance

Insurance indemnifying property from flood losses and mud slides for property qualified under the Na ...

Related Real Estate FAQ

What Are My Coverage Options?

Our agents have a wide range of coverages available, as well as an array of choices for limits and d ...

How Can I Figure Out My Debt-to-income Ratio?

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of ...

Who Is A Subagent?

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

Should I Pay Extra Each Month?

This calculator figures how much interest savings you will have depending on how much extra you pay ...

What Are Paid Advertorials?

Paid advertorials are articles written by public relations professionals that have just one goal in ...

Do I Need Earthquake Insurance?

If you live in an Earthquake zone. Yes! Typically most homeowners insurance insurance coverage would ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

How To Sell Your Home What is the Best Time of Year to Buy a Home? 5 signs of house foundation problems 10 Tips for Homebuyers How To Get A Loan with Bad Credit

FAQ

What is an assumable mortgage? What is accession? What is a principal? What is an escrow officer? What Will My ARM Loan Payment Be ?