Aviation Insurance – Honesty the Best Policy

Aviation Insurance – When Honesty Is the Only Policy

As the owner of a commercial aircraft operation you recently filled in the company’s aviation insurance coverage application or renewal form.

Or was it a little too hectic and you asked your secretary to fill it in for you? Or did you just sign the cheque for the premium payment relying on the information previously provided? Sound all too familiar? If so, you may have inadvertently exposed your operations to the denial of coverage by your insurer.

The aviation industry is littered with the wreckage of insurance claims that have failed because those taking out insurance have not taken the time to provide accurate information on the insurance application form or renewal, have simply failed to disclose information or have made deliberate misrepresentations.

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