Contingent Hull and Liability
Offering Comprehensive Insurance for Contingent Hull and Liability Risks
As more aircraft are being leased rather than owned, lessors and financial institutions face the risk that an operator’s insurance policy is insufficient or may fail to respond when needed, exposing these entities to unnecessary risk. USAIG provides protection for these lessors and financial institutions. We can respond – even if the operator’s insurance doesn’t.
USAIG provides this must-have policy as protection for financial institutions, banks and lessors, providing coverage for all-risk contingent aircraft physical damage and comprehensive liability exposures. Policies can include coverage for grounding liability, possessed hull and liability, and products and completed operations liability. Our specialized experts understand and can assist in recovering expenses arising from repossession or technical records reconstruction.
We assess and structure policies to ensure coverage meets the risks and challenges that only your institution faces, without a one-size-fits-all approach. Trust our experienced team to keep your assets and balance sheet protected.
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Download our Contingent Hull and Liability Insurance Form or view our full list of forms and applications.