Aviation third-party insurance covers the owner in the event of claims for damages asserted on the basis of legal regulations. The third-party insurer examines whether such claims are justified, settles the claim where justified and, where not justified, rejects it.

Owner third-party insurance covers the owner’s statutory third-party liability in connection with the use of the insured aircraft and is a compulsory insurance. The policy also covers the personal liability of all individuals involved in the flying, operation and control of the aircraft.

Not insured are third-party liability claims for personal injury and loss of property of passengers and those travelling on board the aircraft (see passenger third-party insurance).

Particulars of the aircraft type, registration number, year of construction, serial number, maximum take-off weight (MTOW), purpose and geographical area of operation are necessary for calculation of the insurance premium.

Each authorised person using an aircraft may take out a seat liability accident insurance policy for a previously agreed sum to cover invalidity or death. Such a policy provides cover for pilots, crew members, flight trainees and passengers. In addition to the option of insuring all seats of an aircraft, cover can also be arranged for pilot seats or passenger seats only (seat system) or for specifically named individuals.

This insurance is a perfect complement to the private 24-hour accident insurance for pilots and crew members since the latter usually excludes accidents occurring during active flying or working time.

The aircraft type, number of seats and/or the names of the individuals to be insured are required for calculation of the risk and of the insurance premium.

As an alternative to owner and passenger third-party insurance, a policy providing combined cover is also available: CSL (combined single limit) insurance.

CSL insurance is a combination of owner and passenger third-party insurance under which a standard sum is insured per damaging event for both owner and passenger third-party losses.

The insurance cover is the same as that in the individual classes, yet the higher, unlimited, lump-sum cover for the individual person provides greater flexibility and security in the event of a claim.

The cover offered by the insurers under a CSL policy is sufficient, that is to say it is higher than the sum of individual cover available under owner and passenger third-party insurance.

Aviation hull insurance provides cover in the event of loss of or damage to an aircraft. This class of insurance covers all risks to which the insured aircraft is exposed up to the amount of the sum insured.
The cover includes risks to which the aircraft is exposed both in the air and on the ground.

If required, cover can alternatively be restricted exclusively to ground risk (burglary and theft, vandalism, storm, hail and lightning).

Depending upon the type of aircraft and its use, the following information is important for risk assessment:

type of aircraft, registration number, year of construction, serial number, purpose, pilot’s experience, geographical area of operation, annual use in hours, previous damage.

This class of aircraft insurance does not include losses caused by internal damage suddenly arising in the engine (overheating, material fracture, etc.). Events which have an impact on the engine from the outside are covered by aircraft hull insurance.

Find out from your aircraft maintenance company just how expensive such damage can be. We will be happy to quote you a premium if you send us details of your aircraft type, the engine type, model, year of construction and registration number of the aircraft and its purpose.