General Liability Insurance covers you for activities not directly related to the operation of aircraft. The possible coverage consists of the following elements you need to consider:
The Premises Legal Liability covers bodily injury and property damage to thirds in and around your premises and elsewhere in course of your activities. The Coverage can be extended to include your liability as tenant of premises.
The Products Liability covers Bodily Injury and Property Damage due to an incident occurred during operation of an aircraft if your service was not provided correctly or not properly by fault or negligence.
If your service as Part 21 Company leads – after an occurrence – to a grounding by a CAA or another aviation authority the Grounding Liability Insurance protects from demands caused by such a grounding of aircrafts. The financial consequences can affect you in a very hard way.
The coverages above (except Grounding Liability) respond to bodily injury and property damaged including financial loss, subject an occurrence or an incident you or your organisation are responsible for.
If you should become legally liable without having caused an occurrence, e.g. an error leads to delay you need cover for pure financial loss. Such coverage is possible by a Professional Indemnity policy that protects against Error and Omission
Such covers are essential not only to pay in case of a valid claim but also to defend you from unjustified claims.
If you have third parties’ aircraft or parts of in custody for research or development a Hanger Keeper Liability is designed to cover your legal liability for property damage to third party equipment (aircraft, spares, etc.) which are stored at your hangar or premises.
Please contact us in order to assess together your needs and provide you with a tailor-made solutions which fully fits your needs.