Insuring the Professionally Managed Aircraft: A Candid Discussion of Fleet Policies By Jeff Rhodes If you buy a plane and then put it on the flight line at a flight school or charter outfit -- or have it operated by an aircraft management company -- who takes out the insurance policy? The answer is different depending on several factors you may not have thought about.
The Unappreciated & Ill-Defined Aircraft Maintenance Log By Tom Chappell Maintenance logs are required to prove compliance with regulations, but do you have to have them when you sell the plane? If not, what will happen to the price you get for the plane? And, therefore, will you get compensation from your insurance company if the logs are lost or destroyed? Think again.
Professional "Contract" Pilots -- Are You Protected? By Darrell Hyde Professional pilots are always covered by an aircraft owner's insurance, right? Well, if not, it's enough to be qualified under the open-pilot clause, right? Short answer: Nope. Read this article by the V.P. of an aviation insurance agency and then check the fine print on the insurance policy.
Neither A Lender Nor A Borrower Be ... Non-Owner Pilots And Liability Insurance By Kevin Garrison If you borrow a friend's car, you're covered by their car insurance. But if you borrow their plane, you are probably not covered by their aircraft liability insurance. Same if you rent a plane from an FBO. Are you prepared to pay out tens or even hundreds of thousands of dollars if there is an accident? AVweb's Kevin Garrison looks at insurance for those who don't own the plane they are flying.
Insuring the Transitioning Pilot By Tom Chappell The aviation economy is finally starting to rebound, and that means more pilots getting ready to buy a plane or to step up to more-sophisticated aircraft. But beyond any FAA requirements, insurance requirements loom as a major factor that can financially make or break the transition to a new type of plane.
Life Insurance - Medical Qualification By Seth J. Legatowicz Sure, you can get just about as much insurance as you're willing to pay for, but first there is that medical exam. Seth Legatowicz of the Pilot Insurance Center gives you the inside track on medical underwriting when applying for life insurance.
Pilot Life Insurance — The State of the Industry By Kevin Lane-Cummings Has it been a while since your last life insurance review? Does your life insurance policy have an exception for an accident in a small plane? AVweb's Kevin Lane-Cummings reports that recent changes in the live insurance industry make now a good time to update that policy.
That's Just the Way It Is — The Unexplained Protocol of Aviation Insurance By Tom Chappell In uncertain times like these, when insurance rates are skyrocketing and good coverage is hard to find, aircraft owners and pilots have lots of questions for their insurance agents. Tom Chappel of CS&A Aviation Insurance answers these "Most-Often-Asked Questions From Clients and Friends."
