Aviation Insurance: A PlaneMan's Guide, 2nd Edition (eBook)

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Published Date

July 2012


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Aviation Insurance: A PlaneMan's Guide, 2nd Edition (eBook)

£95.00
(Excludes any applicable taxes)

This is an educational/reference guide on all aspects of aviation insurance. It explains the terms and clauses used in property and liability insurance policies and discusses contracts for aircraft leasing and financing. It also examines the Airline Finance/Lease Contract Endorsement.

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This publication provides technical and practical guidance on insurance coverage for the aviation industry. It identifies the scope of each category of coverage and provides commentary on application. The author has drawn on his extensive career in the industry and uses straightforward language to simplify complex issues.

 

The book is essential reading for insurance practitioners and students, as well as personnel involved in airline management, aircraft and equipment manufacture, aircraft modification and servicing.

PART ONE – PROPERTY INSURANCE
1.1 Introduction
1.2 The Aircraft Itself
1.3 Hull ‘All Risks’
1.4 Hull ‘Total Loss’
1.5 Mechanical Breakdown Coverage
1.6 Deductible Insurance
1.7 Residual Value Insurance (RVI)
1.8 Loss of Use
1.9 Spare Parts and Equipment
1.10 Ground Handling and Support Equipment
1.11 Cargo in Transit

 

PART TWO – LIABILITY INSURANCE
2.1 Aircraft Liabilities
2.2 General Liabilities – Other Operations
2.3 Aircraft and Airline General Third Party Liability

 

PART THREE – WAR AND ALLIED PERILS
3.1 Introduction – The Exclusion
3.2 The Aircraft Itself
3.3 Aircraft Political Risks Coverage
3.4 Limited Hull ‘Writeback’ Coverage
3.5 Spare Parts and Equipment
3.6 Liabilities
3.7 Cargo ‘All Risks’
3.8 Key Issues
3.9 The Revised Clauses – AVN 48C, AVN 48D and related ‘Writeback’ Endorsements

 

PART FOUR – FINANCING AND LEASING
4.1 Introduction
4.2 Documentation
4.3 Definitions
4.4 Insurance Requirements
4.5 Evidence of Insurance
4.6 Insurance/Reinsurance
4.7 Liability Coverage
4.8 Engine Leasing

 

PART FIVE – THE AIRLINE FINANCE/LEASE CONTRACT ENDORSEMENT
5.1 Historical Development
5.2 AVN 67B
5.3 AVN 67C
5.4 AVN 99
5.5 Summary

This book is intended not as a learned treatise but rather, as its title suggests, as a guide in plain (or plane) language. It was originally written based upon the practical experience of someone who spent most of his working life involved with aviation insurance and finding solutions to problems on a day to day basis as well as being very much involved with the evolution of the industry during that period. It has now been updated, ten years later, drawing upon information available in the public domain and by talking with those currently involved in the industry. I remain hopeful that it will be equally useful to the insurance practitioner as well as to any other person in any other industry who needs to have a working knowledge of the ‘ins and outs’ of aviation insurance.

Witherby Publishing Group Ltd

Witherbys titles are developed using scripts developed by technical experts that are peer reviewed within work groups. Typically, they seek to improve understanding of the regulations, recommendations and guidelines issued by Industry.

Witherbys staff have significant expertise in the fields of navigation and hazardous cargoes as well as in the presentation of complex subjects in a graphic and easy to understand manner.

Peter Viccars

Peter Viccars spent over 36 years in the insurance Industry, starting at the Corporation of Lloyd’s in 1964. In 1970, he joined the Aviation Division of a major Lloyd’s Broker, progressing from a closing clerk to Chief Operating Officer of the Division. He specialised in airline policy wordings and the technical insurance aspects of aviation contracts and agreements, particularly those involving the financing and leasing of aircraft and related equipment.

Peter also founded an advisory company and during its 20 years of operation acted as insurance advisor/consultant on aviation insurance matters to many of the leading banks, leasing companies and other institutions as well as their respective legal advisors.

Peter served several terms as a member of the Lloyd’s Insurance Brokers’ Committee (now the London & International Insurance Brokers’ Association (LIIBA)) Aviation Executive Committee and was Chairman of the Technical Sub-Committee for over ten years. In July 1997, he was elected a fellow of the Royal Aeronautical Society.

Title: Aviation Insurance: A PlaneMan's Guide, 2nd Edition (eBook)
Number of Volumes: 1
Edition: Second
Number of Pages: 182
Product Code: WS1609EA
ISBN: ISBN 13: 978-1-85609-529-7 (9781856095297), ISBN 10: 1-85609-529-0 (1856095290)
Published Date: July 2012
Author: Peter Viccars

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