Aviation Insurance Podcast

️ Dive into the fascinating world of #AviationInsurance with the latest episode of the Aviation Insurance Podcast! Host Tim Bonnell demystifies key principles of insurance like the law of large numbers and indemnification. Did you know insurance aims to restore you to the state prior to a loss, and not to profit from a claim? […]

There are broad-form expansion endorsements that will be issued by some carriers on various insurance policies. In this episode let us highlight some of these extra little coverages, as you may find on some pleasure and business use insurance policies and some corporate type of insurance policies. Tune in to learn more!

One of the principles of economics is supply and demand. When there’s a lot of demand, the supply can become a bigger challenge and the cost can go up. Coupled with inflation issues, let’s talk about how these issues impact aviation insurance. Tune in to learn more!

On March 14th, Russia passed a law that allows for the confiscation of all non-Russian-owned or financed aircraft in the country. Most airlines lease much of their equipment and there are estimated to be more than 500 aircraft that can be impacted. It is an estimated 10 to 15 billion dollars in losses to the

In today’s episode, we will talk briefly about the history of aviation insurance and how that applies to how insurance is purchased and secured today, and how we can continue to address the changing risks in aviation going forward. Tune in to learn more!

Human error has been documented as a primary contributor to more than 70 percent of aircraft losses. Boeing says that in aviation “human factors” is dedicated to better understanding how humans can most safely and efficiently be integrated with the technology. Tune in to learn more!

Most people don’t know that most life insurance policies will exclude piloting activities or fatal injuries due to piloting an aircraft. In this episode let’s talk about some insurance considerations for pilots personally dealing with their income and financial affairs. Tune in to learn more!

Contractual liability is a liability you inherit when you agree to a contract and from an insurance perspective, you have a new liability. It is best to schedule all contracts entered into with the insurance company in a timely fashion so that it is scheduled to the policy. Tune in to learn more! Understanding Contractual

We regularly enter into various forms of contractual agreements in aviation. In these agreements, some terms deal with providing evidence of insurance. Knowing these terms is always helpful anytime you enter into a contractual agreement. Tune in to learn more!

Part of insurance is safety, mitigating loss, and risk management is a big part of that process. It is an ongoing cycle and it starts with identifying hazards. Buying insurance is just a form of risk management. Tune in to learn more!