Looking for help with an assignment? Connect with an assignment Expert Now!

Aviation Insurance Policy Analysis

Aviation Insurance Policy Analysis.

Read

Review the Sample Aircraft Insurance Policy (PDF)Preview the document and at the cover page, assume that you purchased the following limits:

  • Coverage A: $1 million per occurrence, $100,000 per passenger
  • Coverage B: $200,000

And:
The pilot endorsement includes:

  • You, by name, and any other pilot holding a currently valid FAA Commercial Pilot Certificate with
    Second Class Medical Certificate and having logged at least 500 hours as pilot in command in
    the same category and class as the non-owned aircraft.

You are operating a rented aircraft with one passenger on board, attempting to land in a strong and gusty
crosswind, when you lose control. The aircraft departs the runway, the nose wheel strikes a runway light,
and the aircraft flips over.

Answer

Based on the Sample Non-Owned Aircraft policy, will the insurance company pay, (and if so, how
much) for each of the following losses? Cite the policy paragraph(s) relied on for each answer.
(Treat each numbered question as a separate question, rather than a continuation of or follow-on to the
previous question(s).)

  1. The aircraft is damaged beyond economical repair (it would cost $120,000 to repair the
    damages, but an identical replacement aircraft can be purchased for $105,000).
  2. Your passenger, a friend who was along for this recreational flight, is injured, and incurs
    $20,000 in medical expenses as a result.
  3. You are injured, and incur $18,000 in medical expenses as a result, and:
    a. this was a recreational flight.
    b. this was a flight made to visit a customer as a part of your employment.
  4. Your passenger, a co-worker who was along on this business flight for your mutual
    employer, was injured and incurred $20,000 in medical expenses as a result
  5. You and your passenger each had an $1,800 laptop computer in the baggage compartment, and each was destroyed in the crash.
  6. Elk hunting season opens Monday and the purpose of the flight was to spot herds of elk
    from the air to help you select your hunting area. How would this affect the insurance
    company’s liability for:
    a. damage to the aircraft?
    b. passenger injuries?
  7. Your intended destination was the border town of Douglas, Arizona, but the wind had kicked
    up a lot of blowing dust, causing you to mistake the close-by airport in Agua Prieta, Mexico
    for the Douglas Airport. You landed there, where the accident occurred. How will this affect
    the insurance company’s liability for:
    a. damage to the aircraft?
    b. passenger injuries?
  8. At the time of the accident, your FAA Medical Certificate had expired. How would this affect
    the insurance company’s liability for:
    a. damage to the aircraft?
    b. passenger injuries?
  • attachment

    ASCI404AIGNon0wnedpolicy.pdf

Aviation Insurance Policy Analysis

Get a Quick Quote

Approximately 250 words
Total price (USD) $: 10.99

Pressed for time on your upcoming paper? We can help!

Bored with homework

Reviews from Clients who Ordered from Our Website

Client: 3425

Ive submitted over 30 assignments from this website and gotten an average of 3.8 G.P.A.

Client: 2516

Juggling school with family and work has always been hectic but this website made it easy to do my studies and work while raising my 3 year old girl.

Client: 3516

Great customer service and quality work delivered on time!

Client: 2718

Client: 7384

Client: 8291

Client: 162

Client: 827

They delivered a professional and well written Resume for me. Reccommend

Why Us?

Privacy

Your personal and payment details are safe with us. Our website uses secure encryption for all orders. We guarantee not to share your details with any third parties.

Flexible Pricing

We offer great discounts and flexible pricing tailored to your needs. Additionally, we provide offers for orders above 30 pages and returning customer.

Originality

Our Professional Team of Writers have great experience and writing techniques to provide you with Quality Non-plagiarized work.

Customer Support

Our Customer Support and Professional Team of Writers are always available to help you anytime. Our Team  of writers are also available to take care of your writing needs 24/7 Live Chat is available 24/7 

How it Works

Step1: Provide Instructions

 

Provide detailed instructions including deadline for your paper and any additional information

Step 2: Pay & Assign Writer

 

Complete payment through our safe checkout and wait for your order to be assigned to suitable writer

Final Step: Download & Review

 

Download & Review your paper. You may request revision if anything is not satisfactory and rate the writer.