Hull and Liability Insurance for Aviation Businesses in the UAE: What You Need to Know
Aviation isn’t just about planes and pilots, it's a field packed with expensive equipment, complicated operations, and plenty of risks involving other people. Aircraft owners, operators, airport authorities, ground handling companies and other aviation service providers can face exposures ranging from aircraft damage to accidents involving passengers, property, equipment and third parties. For this reason, Hull and Liability insurance is an important consideration for an aviation business. Depending on the nature of operations, businesses may also require specialised protection such as Airside Liability Insurance, Products Liability, Fuelling Liability, Operator’s Liability and Hangar Keepers Insurance . What Is Hull and Liability Insurance? Aircraft Hull and Liability Insurance generally addresses two important areas of aviation risk. Hull coverage relates to physical loss of or damage to an insured aircraft, subject to the applicable policy terms, conditions and exclusions....