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Corporate Aircraft Insurance and Corporate Jet Insurance
Turbine aircraft
Insuring turbine-powered aircraft for corporations or corporate flight departments is one of the industries most sought after insured's.
The pilot's flying corporate aircraft are usually highly experienced professional pilots that attend annual type specific recurrent training for the aircraft, the avionics are state of the art, maintenance requirements and recommendations are strictly adhered to and no expense is too great for the safety and security of the passengers.
This is the ideal client that the aviation insurance companies can be very aggressive in trying to insure these operations provided your agent properly evaluates and markets your insurance coverage to every insurer, every year.
Call N.A.I.A. and let former underwriters make sure your getting the maximum coverage for your premium dollar.
Although not really considered corporate aircraft are the owner flown turbines. With the proliferation of more pilots choosing turbines (either jet or turbo prop) the insurance industry is adapting to the new technologies and exposures that these aircraft bring to the marketplace.
Coverage for owner flown turbines is available through N.A.I.A.
Turbo Prop Aircraft
Turbo prop aircraft can and will also be considered corporate equipment if flown by a professional flight crew. Turbo prop aircraft for corporate use also can enjoy aggressive bidding by the insurance companies if the equipment is in good shape and the pilots are reasonably qualified and attend annual recurrent training for the aircraft type.
If a turbo prop aircraft is flown by an owner pilot than it no longer falls under the category of corporate. An owner flown turbo prop would be treated as a Pleasure & Business policy however the underwriters will still require the owner/pilot to complete annual recurrent training in the aircraft and additionally the limit of liability may be reduced.
Call or contact us to discuss your situation.
Piston Aircraft
A piston powered aircraft used for corporate use/ industrial aid is usually considered the same as pleasure & business aircraft operators. Piston powered aircraft are commonly the first type of aircraft corporate operators will purchase and the insurance companies will quote these operators if the right conditions exist.
While you will find broad information about the types of coverage's we can provide please fill out the forms on the resources page or contact us for more detailed explanations or for your coverage and questions.
You can also look at the Industrial Aid FAQ page for very general questions and answers.
Resources
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