AVIATION INSURANCE

Aviation Insurance is the guarantee of stability which enablesto avoid possible risks, caused by whole range of factors,such as occasions controlled by humans,or existence of natural calamity in even highly complicated field such is ‚Äď Aviation.

Aviation insurance implicates aircraft exploitation risks coverage, such as: Aircraft Hull insurance
The insurance object is aircraft body, its constructional elements (machinery and indivisible parts of aircraft), and additional special armaments;
Insurance covers losses, caused by damage, loss or destruction of aircraft body or its constructional elements, caused by following occurrences:
 Accident;
 Natural calamity;
 Steal;
 Third party illegal action;

Third party liability insurance
Insurance covers possible risks caused to the third party, during ownership or exploitation of moving or unmoving aircraft, in accordance with legislation in force.
Insurance covers liability, under following circumstances:
 Damage caused to the third party (including passengers) life and health, as a result / during insured object`s exploitation.
 Damage caused to the third party movable and unmovable property (including luggage and cargo) as a result of insured object`s exploitation.
 Damage caused to the environment by insured aircraft.
 Insurance covers material damage, caused by passenger`s death or physical injury, as well as damage or destruction of cargo and luggage.

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