Aviation Policies
Aviation insurance is designed specifically to meet the needs of aviators. The policy covers liability for accidents when the policy holder is at fault, theft and loss coverage, life insurance riders, and insurance for other types of situations, such as loss of cargo. Coverage varies depending on the type of craft: helicopters, chopper, sport planes, commercial airliners, and so forth are all covered differently.
People who own and operate their aircraft generally purchase aviation insurance so that they are covered in a wide variety of situations, and so that their aircraft will be replaced if they are damaged, lost, or stolen. Owners may also cover insurance on aircraft they rent out, lease, or hire pilots to fly, in which case the individual pilot may need to carry additional insurance to be fully covered in the event of an incident.