Illegal charters and protest damage lead to insurance coverage challenges

Insurance coverage Challenges - Airplane

Experts are encouraging business aviation professionals to think about indemnity liability policies. With a growing number of protests and illegal charters leading to expensive damage, insurance coverage concerns have been on the rise among business aviation professionals. The industry is continuing to struggle to determine what type of effect these events will have on cost. Last June, anti-private aviation protestors broke into the Sylt Airport in Germany, coating a Cessna Citation Mustang in orange paint. The damage caused by the vandalism was valued at more than $1 million, meaning that…

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