Pantaenius Aviation Insurance

Every risk to be insured requires specialized insurance. This also applies to all risks associated with aviation. Be it for aircraft/helicopters, airfields/airports, pilots and passengers or various companies in the aviation industry.

There are many different types of insurance for players in the aviation industry. The type of insurance you need depends on the role you play in the industry. Do you have an aeronautical company, an aviation clubs or are you the owner of an aircraft such as a aeroplane, helicopter or similar? In principle, the legally required liability insurance is essential. All other possible aviation insurances must be examined on the basis of precise risk data.

The premium depends on the insurance required for the individual risk. A risk analysis is carried out for this purpose. In addition to the legally required liability insurance, there are various types of cover, such as passenger liability, CSL (Combined Single Limit), personal accident, hull, hull war, engine, hull excess, hull spare parts, workshop hull, hangar, environmental liability, operation interruption, flight instructor liability, club liability, product liability, hangar keepers liability and BADV (ground handling) insurance, as well as many more.

Aircrafts are covered by the legally prescribed Third Party Legal Liability Insurance. In the case of multi-seater aircraft, you should have CSL (Combined Single Limit) insurance. For aircraft used for schooling, personal accident insurance is advisable. Hull insurance is appropriate for higher valued aircrafts.

All information relevant to assessing the risk is required. For aircrafts, this can be: type, manufacturer, number of seats, year of manufacture, use (private, commercial, schooling, etc.), geographical scope of application, number and experience of pilots, value (hull), etc. For aviation companies or other parties involved in the aviation industry, the areas of activity must be precisely defined.

Flying schools in particular have an increased risk when they offer ab initio training. The purpose of the schooling must be taken into account in the liability insurance as well as the hull insurance. Furthermore, personal accident insurance should be taken out in the event of disability or death in the event of an accident. The flight instructor himself should have flight instructor liability insurance. For aviation companies, a detailed risk analysis of the areas of activity should be carried out so that there are no gaps in cover.