Saturday 29 May 2010

Aviation Insurance – Major Insurance Covers


  1. Hull "All Risks"
  2. Hull "War Risks"
  3. Liability Insurance














1. Hull "All Risks"

As the name specifies “Hull All Risks” Covers only the physical loss or damage to the aircraft.

General Exclusions.
  • Wear, tear and gradual deterioration
  • Ingestion damage - caused by stones, grit, dust, sand, ice, etc.
  • Mechanical Breakdown

2. Hull War Risks

Since Hull All Risks policies are not covering the War / Terrorism Hull War Risks Policy Covers the following:

• War - this includes civil war and war where there is no formal declaration.
• The detonation of a weapon of war employing nuclear fission or fusion.
• Strikes, riots, civil commotions and labour disturbances.
• Political or terrorist acts.
• Malicious or sabotage acts.
• Confiscation, nationalization, requisition and the like by any government.
• Hi-jacking or any unlawful seizure or exercise of control of the aircraft or crew in flight.


3. Liability Insurance :

Liability can be divided basically into two categories

  • Liability in respect of Passengers, Baggage, Cargo and Mail carried on the aircraft.
  • Aircraft Third Party Liability

Source Courtesy: wikipedia


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