Public and Passenger Liability Insurance
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Join Date: Sep 2010
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Public and Passenger Liability Insurance
Folks,
Was chatting to a mate the other day about who is considering starting his own GA business. The question came up about public and passenger liability insurance.
Anyone know, who are some of the best companies to obtain insurance through and roughly how much would he be up for, for an 8 pax aircraft?
Rocket
Was chatting to a mate the other day about who is considering starting his own GA business. The question came up about public and passenger liability insurance.
Anyone know, who are some of the best companies to obtain insurance through and roughly how much would he be up for, for an 8 pax aircraft?
Rocket
You don't say where you are Rocket.
If in WA, or Qld, I would suggest 'Marsh' Insurance , or any other reputable brokers to advise you of the requirements / recommendations for your intended operation.
RAAA: Marsh Australia Member Profile
I have no real 'connection', other than we use them for our very small business for both our 'vintage' aircraft, and they seem to be ok.
Rotsa Ruck
If in WA, or Qld, I would suggest 'Marsh' Insurance , or any other reputable brokers to advise you of the requirements / recommendations for your intended operation.
RAAA: Marsh Australia Member Profile
I have no real 'connection', other than we use them for our very small business for both our 'vintage' aircraft, and they seem to be ok.
Rotsa Ruck
Join Date: Jun 2008
Location: Perth
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For training aircraft excluding ab-initio work with 2M combined public liability and passnger on a figure of about 5% of hull value, with excess of about 1.25%.
Training + freight-only charter is around 5.75% of hull value.
Also carefully consider the structure of the company (or companies) to minimise liability issues through negligence (deliberate or otherwise).
Training + freight-only charter is around 5.75% of hull value.
Also carefully consider the structure of the company (or companies) to minimise liability issues through negligence (deliberate or otherwise).
Thread Starter
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Thanks folks,
Without givig too much away, he will be operating in QLD running a simple scenic operation. No training or running of freight.
Griffo- Thanks for the lead mate, will forward it on.
Rocket
Without givig too much away, he will be operating in QLD running a simple scenic operation. No training or running of freight.
Griffo- Thanks for the lead mate, will forward it on.
Rocket