Performance Vector PLUS
A Welcome Return on Your Safety Investment
Performance Vector PLUS is an individual good experience program that returns a significant percentage of premium to business aviation operators who avoid losses while meeting meaningful safety standards. Performance Vector PLUS seeks to reward current safety efforts, or provide an incentive to encourage additional safety steps.
Three Opportunities for Good Experience Returns
The program provides good experience returns to business aviation operators who meet any of three safety standards during a policy year while also avoiding loss claims. Each standard met earns a 5 percent good experience return for a potential total return of 15 percent.
- Achieve and maintain IS-BAO registry – an internationally recognized safety standard – OR – meet the requirements of a BASC full-service member organization.
- Ensure that all pilots successfully complete twice-yearly simulation-based training in the make and model flown.
- Successfully implement an industry-recognized flight operations quality assurance (FOQA) program that covers all aircraft operated.
Additional Benefits
Qualified business aviation operators who meet all three can earn a total good experience return of 15 percent and additionally receive two selections from our Performance Vector menu of safety services, thereby doubling the annual safety benefit.
The Performance Vector PLUS Program for Business Aviation Operators
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A. Maintain Favorable Loss Experience & Meet Any of These Safety Standards | Receive |
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1. Achieve IS-BAO registry - OR - meet the requirements of a BASC full-service member organization | 5% premium return |
2. Twice-yearly pilot simulation-based training in the make and model flown | 5% premium return |
3. Fleet use of approved FOQA program | 5% premium return |
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B. Meet All Three Safety Standards |
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1. 15% total good experience return |
2. Two annual selections from our Performance Vector menu of safety services |