How Plane Insurance Works for Private Aircraft Owners

Explore key types of aviation insurance—from hull cover to liability and war risk. Fraser Bond ensures aircraft owners are covered worldwide.

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How Plane Insurance Works for Private Aircraft Owners
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Owning or operating a private aircraft—whether a single-engine plane, corporate jet, or luxury helicopter—requires not just operational excellence but comprehensive risk management. Plane insurance, also known as aviation insurance, is a specialised area designed to protect aircraft owners, charter operators, and aviation investors against a wide range of financial exposures.

At Fraser Bond, we work with clients to ensure their aviation assets are covered by robust and compliant insurance policies, in partnership with FCA-regulated brokers experienced in high-value and international risk portfolios.


What is Plane Insurance?

Plane insurance covers financial liabilities associated with owning, operating, or leasing an aircraft. It includes damage to the aircraft itself, liability to passengers or third parties, and, in some cases, coverage for ground operations, pilot training, and loss of use.

Who Needs It?

  • Private aircraft owners (including jets, turboprops, helicopters)

  • Charter and corporate aviation operators

  • Aircraft leasing companies

  • Aircraft management firms

  • Aviation investors or syndicates

  • HNWIs with aviation assets in personal or corporate portfolios


Key Components of Plane Insurance

✈️ Hull Insurance

Covers damage or total loss of the aircraft:

  • Ground Risk (Not in Motion): Covers parked aircraft

  • Ground Risk (In Motion): Covers taxiing (not takeoff/landing)

  • In-Flight Hull Insurance: Covers the aircraft during all phases, including takeoff, flight, and landing