Aviation Insurance
Combination of property insurance on the hull of an airplane and liability insurance in the following manner:
- property coverage provided on an ALL RISKS basis or on a specified perils basis for the hull, autopilots, instruments, radios, and any other equipment in the airplane as described in the policy;
- liability coverage provided in the event that the insured's negligent acts and/or omissions result in bodily injury and/or property damage to passengers and individuals who are not passengers.
Popular Insurance Terms
Pension plan funding instrument in which contributions paid by an employer are deposited to accumulate at interest. (These plans are usually noncontributory.) Upon retirement, an immediate ...
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Theft of another's property by a person entrusted with that property. Coverage can be found under various bonding arrangements. ...
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