Definition of "Nonownership aircraft liability insurance"
John Donahue, Real Estate Agent
Keller Williams
Coverage in a separate policy or as an endorsement to the commercial general liability (CGL) form, for insureds responsible for aircraft they do not own. If an aircraft is leased from another firm or owned by employees who operate it for a business owner, the insured's liability exposure is not covered by the CGL policy; a special endorsement is necessary.
Have a question or comment? We're here to help.