Aviation insurance provides coverage for hull losses as well as liability for passenger injuries, environmental and third-party damage caused by aircraft accidents. ABNIC Aviation insurance is geared specifically to the operation of aircraft and the risks involved in aviation.
A wide range of cover is available for airlines or businesses that have special purpose aircraft fleets.
{{-- Coverage --}}Aviation insurance is a type of insurance that provides coverage for damages, losses, and liabilities arising from aviation operations. In the UAE, aviation insurance is regulated by the General Civil Aviation Authority (GCAA).
Aviation insurance is mandatory for aircraft owners and operators before operating any aircraft in UAE airspace. The GCAA requires third-party liability coverage based on the aircraft’s maximum take-off weight.
Other types of coverage available include hull insurance for aircraft damage and passenger liability insurance covering injuries or fatalities.
Premiums depend on factors such as aircraft type, pilot experience, flight frequency and airport location.
Insurance companies offering aviation insurance in the UAE must be licensed by the Insurance Authority and meet strict financial and regulatory requirements.
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