MM
This is quite important because if true I was given dud information from my accountants. They naturally make charges for the accountancy work on the company.
My assets away from flying and the number of aircraft I was involved in caused me to seek an extra level of protection and a Ltd company was advised.
If there is no extra level of protection then the money spent has been a waste of time and err "Money".
Regarding third party payouts maybe the onus should be put on the insurance company to prove beyond reasonable doubt that the reason they are not paying was the reason the aircraft crashed.
ie in the case of NO valid medical that alone would not void the insurance. If it was proved that the pilot had a heart attack in the flight which caused or contributed to the crash and did not have a valid medical then they would have a case to not pay. etc ?
Pace
Last edited by Pace; 14th Oct 2009 at 12:21.