Aviation Insurance
Comprehensive Coverage for Aircraft and Aviation Operations
Aviation Insurance is a specialized policy designed to cover the risks associated with aircraft operations and aviation-related activities. It is essential for individuals and companies involved in the aviation industry, from small aircraft operators to commercial airlines. This policy encompasses a range of coverage options tailored to protect aircraft, equipment, crew, and passengers, as well as providing liability protection for aviation operations. With options like Hull All Risk Policy, Loss of License Insurance, and personal crew coverage, Aviation Insurance ensures the safety and financial security of aviation assets and personnel.
Key Benefits
- Comprehensive protection for aircraft, equipment, and personnel
- Covers a range of risks from accidental damage to liabilities
- Protects against financial losses due to war or hostile acts
- Covers both aircraft in operation and those in storage or transit
- Provides liability coverage for airline operators and their staff
- Customizable to meet the specific needs of aviation businesses
Health Cover Up
to ₹50 Lacs
What is Aviation Insurance?
Aviation Insurance provides coverage for aircraft, crew, and equipment, protecting against risks like accidents, damage, and mechanical failures. It’s designed for both small aircraft operators and commercial airlines, ensuring comprehensive protection for all aviation operations.
Why do you need Aviation Insurance?
Comprehensive Aircraft Protection
Coverage for any physical damage to your aircraft during operations.
Liability Coverage for Crew and Passengers
Protection against injury or death of passengers and crew members.
Loss of License Financial Protection
Coverage for pilots in case of permanent or temporary loss of flying license.
Protection Against Unexpected Risks
Covering unexpected events such as accidents, weather issues, or mechanical failures.
Why choose Insurance Manager to protect your business?
Comprehensive Protection for Your Workforce
Ensure employee well-being with complete health insurance coverage.
Comprehensive Protection for Your Workforce
Ensure employee well-being with complete health insurance coverage.
Cost-Effective Group Insurance Plans
Affordable plans with benefits like maternity, critical illness, and dependent coverage.
Cost-Effective Group Insurance Plans
Affordable plans with benefits like maternity, critical illness, and dependent coverage.
Peace of Mind for Employers and Employees
Reduce financial stress with cashless claims and reimbursement options.
Peace of Mind for Employers and Employees
Reduce financial stress with cashless claims and reimbursement options.
Boost Employee Productivity and Retention
Build loyalty and motivation by easing economic and mental burdens.
Boost Employee Productivity and Retention
Build loyalty and motivation by easing economic and mental burdens.
What does Aviation Insurance cover and exclude?
Plan Coverage
Aircraft Hull Damage
Protection against physical damage to the aircraft, including collision, fire, and weather-related incidents.
Passenger Liability
Covers legal liabilities for injuries or deaths sustained by passengers on board.
Crew Member Injury
Provides compensation for injury or death of the crew during aviation operations.
Aircraft Loss or Damage During Transit
Coverage for the aircraft in transit by air, sea, or land, including during loading and unloading.
Ground Equipment and Property Damage
Covers damage to ground support equipment or property caused by aircraft-related incidents.
Third-Party Liability
Protection for damages caused by the insured aircraft to third parties, including property damage or injury.
Loss of License Insurance
Financial protection for the loss of a pilot’s license due to injury or illness.
War and Terrorism Risks
Coverage for damage to aircraft or property caused by acts of war, terrorism, or sabotage.
- In-patient treatment 24 hours a day
- Pre-existing disease
- Pre and Post hospitalization
- Domiciliary hospitalization expenses
- Reimbursement of cost of health check-up
- All day care procedure
- Family floater to covers member’s immediate family such as a spouse, dependent children, dependent parents, etc.
- Maternity benefits
- Dental treatment
- Cost of spectacles, contact lenses
- Waiver of waiting period
- Waiver of first-year exclusions
- Reimbursement of ambulance costs
- Baby day one care
- Vaccination benefits
- Increased room rent limits
- Corporate buffer
- Out-patient treatment (OPD Card)
- Root canal surgery
- In-hospitalization expenses due to sickness or accidents
- Room and boarding expenses as provided by the hospital/nursing home.
- Nursing expenses.
- Surgeon, anesthetist, medical practitioner, consultants or specialist fees.
- Anesthesia, blood, oxygen, operation theatre charges, surgical appliances, medicines and drugs, diagnostic materials and X-Ray, dialysis or chemotherapy.
Major Exclusions
Wear and Tear
Damage resulting from regular wear and tear or aging of the aircraft components.
Pilot Error
Excludes damage caused by negligence or errors committed by the pilot or crew.
War and Terrorism in Excluded Zones
Certain geographical areas or zones may be excluded from coverage for war and terrorism risks.
Civil Commotion and Strikes
Loss or damage arising from riots, strikes, or civil unrest may not be covered under standard policies.
Damage During Non-Operational Use
Excludes incidents occurring when the aircraft is not used for its intended operational purpose.
Nuclear Risks
Damages resulting from nuclear accidents, radiation, or contamination are not covered.
Deliberate Damage
Intentional damage caused by the owner, crew, or any party involved with the aircraft is excluded.
Illegal Activities
Loss or damage occurring due to illegal activities such as smuggling or unauthorized use of the aircraft.
- If the appropriate waiver is not opted for, then the policy will not cover
- Treatment of pre-existing illnesses.
- Any treatment for illnesses/diseases within the first 30 days of the policy, unless it is an accident.
- Treatment of specified illnesses for the first year of the policy.
- Certain diseases like hernia, cataract, piles, sinusitis, etc are excluded during the first year of operation in the cover.
- Any claim arising out of or traceable to pregnancy.
- Ayurvedic, homeopathy, naturopathy or any other form of local medication.
- Alcoholism, drug abuse, and AIDS.
- Dental treatment or surgery unless it requires hospitalization.
- Cost of spectacles.
- Vaccination and inoculation.
- Cosmetic treatment.
Your Journey to Insurance Manager
When can I Claim?
A claim under Aviation Insurance can be registered in the below circumstances:
- In case of accidental damage or loss of the aircraft.
- If there’s a mechanical failure during operations.
- For damage caused by natural disasters like storms or lightning.
Claim what’s yours with Insurance Manager
Have more questions?
Submission
Assessment
