Question
Aviation Laws and FARs - Practical Aviation and Aerospace Law (7th Edition) by J. Scott Hamilton You run an international real estate operation and transport
Aviation Laws and FARs - Practical Aviation and Aerospace Law (7th Edition) by J. Scott Hamilton
You run an international real estate operation and transport many of your super-wealthy customers in a helicopter to properties they potentially may purchase. Your aircraft insurance has a liability limit of $300,000 per passenger seat (which wouldn't begin to cover the probable judgment if even one of these customers was killed or injured in the crash of one of your company's helicopters). If you are unable to purchase aircraft insurance with liability limits sufficiently high to cover a helicopter load of high rollers, is any other insurance available to cover liability above and beyond the aircraft insurance policy's liability limits? If so, describe.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started