Policy snapshot
Aviation Insurance covers aircraft hull (own damage) and legal liability to third parties, passengers, and cargo during operations.
What is Aviation Insurance?
Aviation Insurance protects aircraft, passengers, and third parties from loss or injury arising from air operations. It’s crucial for all air operators and aviation-related businesses.
What can it cover?
- The policy covers loss or damage to aircraft, injury to passengers or third parties, and legal liability arising from crashes, runway incidents, or in-flight emergencies. It includes hangar risks, airport operations liability, and even war/terrorism risk if extended.
Who should consider it?
- Charter operators, flying schools, private aircraft owners, Cargo airlines and aviation training schools, Airports, ground handling firms, and MROs.
Key features to understand
- Hull & Liability cover for aircraft operators
- Passenger legal liability and crew accident cover
- Airport operators and air traffic liability also insurable
- Customizable for charter, commercial, or private jets
What deserves attention before you buy?
Coverage, exclusions, sub-limits, deductibles, waiting periods, warranties and underwriting can vary between insurers and policy versions. The policy wording and schedule remain the definitive contract. Novo can help you review the relevant terms for your requirement.
Read the wording, not just the brochure
The schedule and policy wording determine the actual contract.
Compare meaningful differences
Look at exclusions, limits, deductibles, conditions and claim requirements—not premium alone.
Think beyond purchase
Servicing and claims-related support can matter as much as placement.