The right policy at the right price
Industrial Aid Insurance
Having the right insurance is not just an option; it’s a necessity. Industrial aid insurance policies are specifically designed to cover the unique risks associated with operating corporate aircraft. It ensures financial protection against a range of potential mishaps, including accidents, damage to the aircraft, and liability claims.
Complete coverage
What is industrial aid?
Industrial aid refers to the use of aircraft by corporations or businesses not for public hire. These aircraft are primarily used to transport company personnel, executives, or guests, aiding in the business operations of the company owning or leasing the aircraft. This can include travel to remote business locations, transportation of key personnel for meetings or site visits, and other business-related air travel needs.
What does industrial aid insurance cover?
Industrial aid insurance policies typically cover a range of risks and are designed to meet the specific needs of companies using aircraft as a tool for business. While the exact coverage will depend on the policy’s specifics and the needs of the company owning or leasing the aircraft, common areas of coverage include:
Ground risk hull insurance
This covers physical damage to the aircraft itself, whether it happens on the ground or in flight. Ground risk hull insurance is usually tailored to the value of the aircraft and can cover losses from accidents, weather damage, theft, and vandalism.
Liability insurance
This protects the aircraft operator against claims for bodily injury or property damage that occur as a result of the aircraft’s operations. This includes both passenger liability insurance, for injuries to passengers, and public liability insurance, for damage or injury to others not on the aircraft.
Medical costs
Some policies include coverage for medical expenses for passengers injured while boarding, aboard, or disembarking the aircraft.
Personal accidents
This can be part of the policy, offering coverage for accidental death and injury of passengers and crew.
Loss of use
This coverage can provide compensation for business interruptions and the costs associated with chartering alternative aircraft if the insured aircraft is unavailable due to a covered loss.
Emergency expenses
Coverage for costs related to emergency landings, including repairs and accommodations for passengers and crew, may also be included.
Environmental and cleanup
This covers the costs associated with cleaning up pollution or environmental damage caused by an aircraft accident.
War and terrorism
Additional coverage can be purchased to protect against acts of war, hijacking, and terrorism, which are typically excluded from standard policies..
Who needs industrial aid insurance?
Industrial aid insurance is necessary for:
This coverage helps protect these entities against the potential risks and liabilities associated with aircraft ownership and usage.
How much industrial aid coverage do you need?
The appropriate amount of Industrial Aid to be purchased varies based on several factors:
Ultimately, you’ll want to have enough coverage that your insurance will cover any financial liability in full in the event of an accident. That may include the full cost of replacing the aircraft, the number of passengers your aircraft can carry, and more.
Our partners
We work with every underwriter in the industry
We are honored to represent every A rated Aviation Insurance underwriter in the industry, as well as Lloyds of London and worldwide reinsurers. With our experts looking at every option for your specific situation, you can’t find a better price anywhere else.
Real customer reviews
Client testimonials
"She found the best quote out of everyone we asked"
"We worked with Avion to insure our Cirrus starting in December 2018, and can highly recommend. Tanya was super responsive and helpful in answering questions. On top of that she found the best quote out of everyone we asked. Highly recommend!"
Oliver C.
"I am very happy with Avion"
"I have been with Avion for many years, Scott is running a very professional organization, he selects the best agents in the business and give them authority to deal with customers (he never micro manages the agents), so when I ask for some modification and or any other arrangements the staff are able to answer and deal with it. I have enjoyed working with all of them specially Chris, stacey and so on, they shop around and make sure I get the best premium also representing me well with the underwriters. I am very happy with Avion."
Bijan M.
"The entire team at Avion Insurance are fantastic"
"Chris and the entire team at Avion Insurance are fantastic, excellent professionals. I own a flight school at Kissimmee Gateway Airport, Avion has been taking care of our insurance needs for many years now. Highly recommended. Thanks guys for all your help."
Felipe S.
"Very happy with the way they helped me"
"To get an insurance thru these guys was a breeze. Chris helped me get things done fast and easy. No hassle at all. Very happy with the way they helped me and handled my requests. Thank you, guys!"
Zsolt P.
"... attend to my needs as a small business owner."
"I have had Avion for the second year now and have had zero issues. They are responsive and attend to my needs as a small business owner. I would highly recommend any drone businesses give them a call. I will certainly be doing more business in the years to come. Thanks."
Brian H.
"Always great with customer service"
"Avion Insurance has been very helpful and always with great customer service. I know we can always count on Chris and his team to get our requests in on time. Would definitely recommend."
Catherine B. M.
"Quick to respond and answer your questions"
"Excellent service, quick to respond and answer your questions. Scott and his staff are very knowledgeable and easy to work with."
Tina G.
"Able to turn around the paperwork very quickly"
"Great experience. I needed last minute insurance for a job. Avion, was able to turn around the paperwork very quickly. Thanks again!"
Robert M.
"Exceedingly professional and knowledgeable"
"The staff at Avion are exceedingly professional and knowledgeable. They have been our insurance agents for almost 15 years. Scott and Chris are "Can Do" people and they will work for their clients to get the best price on the best coverage possible. They are always there when you need them as well. Simply Awesome."
Richard H.
"Support staff is awesome"
"Property insurance for condo aircraft hangars in a "Florida coastal area" had been a struggle ever since 2004. Last year it was our good fortune to be referred to Scott Langevin at Avion by the National Hangar Insurance Program; he was the first to provide sensible coverage in over a decade. His support staff is awesome also, and this year's renewal was seamless. Thanks Avion!!"
Dan B.
"First Class Service all around"
"Scott, Chris and the entire team at Avion are absolutely the best to work with. They are very quick and responsive to any request, and do their best to ensure that I get the best coverage at the best rate for my FAR Part 135 Charter operation. First Class Service all around."
Shawn G.
Get started