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Definitions for: aviation insurance
aviation insurance

combination of property insurance on the hull of an airplane and liability insurance in the following manner.

  1. property coverage- provided on an all risksbasis or on a specified perils basis for the hull, autopilots, instruments, radios, and any other equipment in the airplane as described in the policy.
  2. liability coverage-provided in the event that the insured's negligent acts and/or omissions result in bodily injury and/or property damage to passengers and individuals who are not passengers.

Copyright © 2000, 1995, 1991, 1987 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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Industry Associations

Industry Associations
Aviation Insurance Association
Individuals engaged in providing aviation insurance; related professionals including attorneys and risk managers. Promotes high standards of ethics and practice in the provision of aviation insurance. Conducts educational programs

Members: 900
Founded: 1976
Dues: corporate, $150 annual; individual, $95 annual; student, $45 annual.

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