Get the free Corporate Non-Owned Aircraft Liability Application - Myron Steves

Aerospace New York 1 WFC 200 Liberty Street. 3rd Fl New York, NY 10281 USA Tel: Fax: 212-915-7000 203-569-5290 www.xlaerospace.com Corporate Non-Owned Aircraft Liability Application Please complete

How to fill out corporate non-owned aircraft liability

How to fill out corporate non-owned aircraft liability:

1. Determine the coverage requirements: Before filling out the form, it's essential to understand the coverage limits and requirements for corporate non-owned aircraft liability. You may need to consult with an insurance professional or your organization's risk management team to ensure you have the necessary information.
2. Gather the necessary information: To complete the form accurately, you will need specific details about the non-owned aircraft. This includes the make, model, and registration number of the aircraft, as well as its intended use and any additional equipment installed.
3. Provide information about the insured: The form will likely ask for details about the insured entity or individual, including their name, address, and contact information. You may also need to provide information about their role or relationship to the aircraft, such as the owner, operator, or lessee.
4. Declare pilot qualifications: Non-owned aircraft liability insurance typically requires information about the pilots who will be flying the aircraft. You may need to provide details about their qualifications, including their licenses, ratings, flight hours, and any relevant training or certifications.
5. Disclose previous claims or incidents: The form may ask for disclosure of any previous claims, accidents, or incidents involving the insured or the non-owned aircraft. Be prepared to provide accurate and complete information to help the insurance provider assess the risk associated with the coverage.
6. Review and verify the information: Before submitting the form, carefully review all the information you have provided. Ensure that it is accurate, up to date, and reflects the true nature of the non-owned aircraft liability coverage you require. Double-check for any errors or omissions that may impact the insurance provider's evaluation.

Who needs corporate non-owned aircraft liability:

1. Businesses with employees who use non-owned aircraft: Companies that require employees to travel frequently using non-owned aircraft may need corporate non-owned aircraft liability coverage. This insurance protects the business from potential liability risks arising from accidents or injuries that may occur during such travel.
2. Organizations that lease or borrow aircraft: If your organization frequently borrows or leases aircraft for various purposes, it's essential to have non-owned aircraft liability coverage. This ensures you are protected in case of accidents or damages that may occur while using these non-owned aircraft.
3. Individuals or entities involved in aviation operations: Anyone involved in aviation operations, such as aircraft clubs, flight schools, or charter operators, should consider corporate non-owned aircraft liability coverage. It provides protection against legal claims arising from bodily injury, property damage, or accidents involving non-owned aircraft.

Remember, it's always recommended to consult with an insurance professional to determine your specific needs and requirements for corporate non-owned aircraft liability coverage. They can help guide you through the process of filling out the necessary forms and ensure you have adequate protection for your operations.

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