Aviation insurance cover is arranged specifically towards the operation of aircrafts and all the associated risks the aviation industry is exposed to. These policies are distinctly different from other transportation insurance like marine, rail and road.

At PAO Insurance Broker Limited, we provide insurance services for all your aviation insurance needs including and not limited to the following:

PUBLIC LIABILITY INSURANCE

This is often referred to as ‘third party liability’. It covers the aircraft owners for damages that their aircraft cause to third party properties. It does not cover the aircraft itself or the passengers on board the aircraft.

PASSENGER LIABILITY INSURANCE

This protects the aircraft owners against liabilities that arise as a result of injury or death to passengers or damage to their cargoes/baggage on board of the insured aircraft due to accident. This cover is calculated on per seat basis

The public and passenger liability insurance can be arranged on a Combined Single Limit (CSL) policy.

GROUND HULL RISK INSURANCE

This provides coverage for the insured aircraft against damage when it is on ground and not in flight or taxing. It covers such events like fire, theft, vandalism and extraneous perils.

IN FLIGHT INSURANCE

This is almost an all risk cover. It covers the aircraft against loss or damage both in-flight and on ground. It is a comprehensive cover and more expensive than the ground risk. It covers the aircraft against all risk except for standard exceptions like war which can be covered on extension of the policy.

Extensions – There will be no deductible in the event of total loss, constructive total loss, Search and rescue expenses, Aircraft layup returns, Profit commission, Ground risks only for unserviceable aircrafts.

HULL DEDUCTIBLE INSURANCE

The deductible imposed by underwriters under the Hull Insurance can be insured against. In the event of a claim the hull deductible insurers will be called upon to compensate the airline for the amount of deductible unpaid by the hull underwriter.

HULL WALL AND ALLIED RISK INSURANCE

Hull war and allied risks insurance including all risks continuation, extortion and supplementary expenses. A standard hull policy will not cover war and Hi-jacking of aircrafts. These can then be the subject of another entirely different insurance policy covering loss or damage to the insured aircrafts as a result of war and allied perils.

Extensions – Extortion/Confiscation/Hi-jacking, Search and rescue, wreckage removal, runway
foaming expenses