Important Issues
ARTICLES OF INTEREST TO AIRCRAFT OWNERS
Direct Off Shore Foreign Insures (DOFIs)
The Federal Government in August of 2007 introduced Legislation into Parliament concerning DOFIs that comes into force on the 1st July 2008. The enacted legislation was introduced to protect consumers as well as to try and lessen the chances of another HIH debacle. Click here to read more...
About Your Policy Renewal
Unlike some motor vehicle, homeowners, and other insurance policies, aviation insurance policies do not renew automatically. You are responsible for authorising specific renewal instructions. You should mark your expiration date on your calendar and allow sufficient time to get the renewal processed before the expiration date. Click here to read more...
When Someone Else Flies Your Aircraft
Recently a light twin crashed in New South Wales injuring four. Although it will be a long time before investigators release their findings on the final cause of the tragedy, early reports said a friend of the owner was flying the aircraft. Regardless of the cause of the accident, this brings to mind a number of insurance considerations for an aircraft owner who loans his or her aircraft to someone else, or even has it ferried or flown for maintenance. Click here to read more...
Properly Value Your Aircraft
Most aviation policies are split into hull (protection against physical loss or damage to the aircraft), and liability (loss to the property of others or for bodily injury of others arising out of your negligence). Click here to read more...
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