Hangarkeepers Legal Liability Insurance

Definition of "Hangarkeepers legal liability insurance"

Rebecca Bang real estate agent

Written by

Rebecca Bangelite badge icon

Power Play Realty

Coverage for the owner of an airplane in circumstances where use of the owner's premises as an aircraft hangar results in bodily injury or property damage to a third party. Excluded from coverage is property under the care, custody, and control of the insured. Another application of this policy covers the operator of a hangar for liability from damage to an aircraft that the owner has placed under the operator's care, custody, and control for storage or repair.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Covers all employees of a business on a blanket basis with the maximum limit of coverage applied separately to each employee guilty of a crime. ...

Prepaid legal insurance coverage plan sold on a group basis. Entitles a group member to a schedule of benefits, at a stipulated premium, for adoptions, probates, divorces, and other legal ...

Negligent acts and/or omissions, other than breach of contract, normally independent of moral obligations for which a remedy can be provided in a court of law. For example, a person injured ...

Single policy on the insured's property for: two or more different kinds of property in the same location; same kind of property in two or more locations; two or more different kinds of ...

Workers' premiums in a contributory employee benefit plan. ...

An amount usually expressed as 50% of the monthly indemnity for the total disability benefit provided by a disability income insurance policy. This amount becomes payable when the insured ...

Single premium immediate annuity purchased to fund a structured settlement. This product is purchased when the injured party (the plaintiff) wishes to have a monthly income payment for life ...

States that preclude the placement of surplus lines with particular insurance companies. ...

Procedure in which a home office interviewer (who may or may not have underwriting experience) interviews applicants on the telephone. The questions asked the applicant are automated and ...

Popular Insurance Questions