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Contact PersonsAviation Hull Insurance
Aviation hull insurance insures all risks (but exclusions apply for wear and
tear and gradual losses, amongst others), to which the insured aircraft is exposed, up to the level
of the agreed sum insured and provides compensation for partial losses (repair work and material
costs) as well as total losses (reimbursement of the current, replacement or appraised value).
War and terrorism risks (e.g. civil war, strike, riot, acts of sabotage, seizure and aircraft hijacking) are not covered in aviation hull insurance. The conclusion of a separate aviation hull war insurance is advisable for these risks for the protection of your financial interests.
We recommend an aviation hull deductible insurance for the reduction of retentions in aviation hull insurance for passenger aircraft, which are sometimes very high.
Aviation Hull Deductible Insurance
Aviation hull deductible insurance supplements the aviation hull insurance, in that the partial loss retention from the hull coverage is insured, which can amount up to US$ 1 million in the case of wide-bodied aircraft.
The terms and conditions of the aviatioin hull deductible insurance normally fully match the hull policy, in order to ensure complete insurance protection. The economic risk in the partial loss retention can be considerably reduced in such a way.
Aviation Hull War Insurance
Aviation hull war insurance insures war risks to which the insured aircraft are exposed up to the level of the agreed sum insured.
For example, civil war, strike, riot, acts of sabotage, aircraft hijacking and seizure are hereby included. Hull war insurance supplements your aviation hull insurance. The co-ordination of appropriate insurance protection, with global route planning and particularly for flights in politically critical areas, is a service aspect that Albatros offers you.
