Aviation

Fly High

EFU is a leading name in Aviation Insurance

May it be an insurance of small single engine aircraft or large commercial airline, EFU has the skills and capacity to fulfill insurance needs of its customers.

General Aviation

We have an expert team that handles our general aviation portfolio. Our customers include flying clubs, aircraft operators and large business houses having their own private jets for their personal and official use. We insure both rotor wings and fixed wings aircraft.

Coverages include:
Hull all risks and liability including coverage for spares
Hull War Risks
Personal Accident to crew
Loss of License

Commercial Aviation

EFU has a vast experience of handling commercial aviation business. Insurance to commercial scheduled airlines is centric to high service standards. Our team is well versed with the service needs of our customers and work tirelessly to meet their expectations.

Coverages include:
Hull all risks and liability including coverage for spares
Hull War Risks
Personal Accident to crew
Hull Deductible
Excess War (AVN 52E)
Loss of license

Other Aviation business liability

We also provide liability covers to different businesses linked to aviation class.

Liability covers to different businesses linked to aviation:
Airport liability
Aviation refueling liability
Hanger keeper liability insurance
Product and cargo liability

We also provide coverage to UAV (Unmanned Aerial Vehicles) commonly known as DRONES.

The coverages include equipment insurance and third party liability covers.

FAQs

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What is Aviation insurance?

Under Aviation insurance, coverage is usually provided to the aircraft hull, spares & liabilities.

What comprises the sum insured for my Aircraft Insurance?

The usual components of sum insured for Aircraft are as under:
  • Aircraft Agreed Value: The value of an aircraft agreed between an underwriter and owner of an aircraft. The value should be close to the market value.
  • Spares: This includes the value of engines, spare parts & equipment to be fitted or to form part of an aircraft.
  • Third Party and Passenger Liabilities: This is usually covered through a combined single limit. It includes property and bodily damages to third parties, passengers’ baggage, passengers’ personal articles and cargo.
  • Personal Accident: Coverage for crew and passenger in the event of death or injury.

Are there any restrictions for the pilots who are going to fly my Aircraft?

Yes, in Aviation Insurance a warranty is applied called “Pilot Warranty”. Where insurer limits the insured to get its Aircraft flown by a Pilot who meet the eligibility criteria of underwriters.

How can I ascertain sum insured for my aircraft only?

In Aviation Insurance the value of Hull is usually ascertain on “Agreed Value” basis which means you and insurer mutually get agreed on a certain value of an Aircraft. The agreed value must be close to the market value of same make/model.

What is loss of License cover?

Loss of license cover provides protection against the potential loss of income of pilots caused due to their disability/injury.

What is Maximum Take-Off Weight (MTOW)?

MTOW is ascertain by the manufacturer of the aircraft. Mostly mentioned in terms of kilograms, at which an aircraft is authoriz to take-off.

What limit of Liability should I set against insurance of my Aircraft?

There is not a standard amount for the liability to get fixed, it depends upon the occupation of your aircraft, its make/model, its flying territories, passengers it carries etc.

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