Project Description
Aircraft insurance
Aircraft insurance
All types of flight devices and aircrafts
In Spain liability insurance for the use of aircrafts is compulsory.
The liability insurance is mandatory for all motorized airplanes, sailplanes and gliders, for single engine aircrafts, ultra-light planes and drones, as well as for any other motorized flight model starting from 5 kg.
We differentiate between the aircraft liability and the aircraft hull insurance.
- Personal injuries
- Material damages
The purpose of the aircraft liability insurance is to cover any claim of personal or material damages to a third party, which may result from the aircraft.
As in any other third-party liability insurance the insurer assumes the management of any claim by a third party and decides to accept or reject the claim brought against the insured.
Iberia Insurance Brokers cooperate with insurers across Europe.
The insurance premium varies from aircraft to aircraft. In most cases the insurance premium depends on the following criteria:
- Type of flight device (airplane, drone, etc.…)
- Weight of the aircraft
- Number of passenger seats
- Pilot capacity and experience
In order to protect your financial interests, we recommend a separate aircraft-hull insurance. A hull insurance policy for motorized airplanes covers your aircraft for partial or total loss.
- Fire
- Hail and storm
- Robbery and vandalism
- Crash landing, etc.
This insurance cover includes any external risk that may affect your aircraft.
The repair costs (less any deductible) – the maximum being insurance sum.
The current replacement value (less any deductible) – the maximum being insurance sum.
What does the aircraft liability insurance cover?
- Personal injuries
- Material damages
What does the aircraft-hull insurance cover?
- Fire
- Hail and storm
- Robbery and vandalism
- Crash landing, etc.
- Personal injuries
- Material damages
The purpose of the aircraft liability insurance is to cover any claim of personal or material damages to a third party, which may result from the aircraft.
As in any other third-party liability insurance the insurer assumes the management of any claim by a third party and decides to accept or reject the claim brought against the insured.
Iberia Insurance Brokers cooperate with insurers across Europe.
The insurance premium varies from aircraft to aircraft. In most cases the insurance premium depends on the following criteria:
- Type of flight device (airplane, drone, etc.…)
- Weight of the aircraft
- Number of passenger seats
- Pilot capacity and experience
In order to protect your financial interests, we recommend a separate aircraft-hull insurance. A hull insurance policy for motorized airplanes covers your aircraft for partial or total loss.
- Fire
- Hail and storm
- Robbery and vandalism
- Crash landing, etc.
This insurance cover includes any external risk that may affect your aircraft.
What does the aircraft liability insurance cover?
- Personal injuries
- Material damages
What does the aircraft-hull insurance cover?
- Fire
- Hail and storm
- Robbery and vandalism
- Crash landing, etc.
In Spain liability insurance for the use of aircrafts is compulsory.
The liability insurance is mandatory for all motorized airplanes, sailplanes and gliders, for single engine aircrafts, ultra-light planes and drones, as well as for any other motorized flight model starting from 5 kg.
We differentiate between the aircraft liability and the aircraft hull insurance.