“ While it may be tempting to use broad generalizations about the way business aircraft are most often used in America today, let’s not neglect the importance of business aviation as a crucial competitive asset to companies, an economic driver and lifeline to communities large and small. ”
Travelers Aviation offers new coverage
Travelers Aviation is introducing nonowned aircraft liability coverage, which provides hull and liability protection for companies that rent or charter fixed- or rotor-wing aircraft. Also new are quota share endorsements, which allow Travelers to share risk with other insurers. (Such endorsements are typically used to cover large commercial or charter operators, aircraft management companies and general aviation airports.) Finally, Travelers now offers consulting services to its clients at no extra charge to help mitigate risk exposures, control loss costs and improve safety programs.