featureD program
Canadian helicopter insurance program (chip)
Introducing an insurance program designed by Canadians for Canadians. We started off with the standard policy wording, and in cooperation with Underwriters at Lloyd’s, we made it better. The result is very broad coverage at a very competitive price.
Coverage extensions include:
- Agreed Value (no blue book offers to settle a total loss)
- Air freight of parts required for repair of helicopter following an accident
- Air freight of parts required for repair of helicopter following an accident
- Your premium is payable quarterly instead of 100% up front
- $2500 coverage for loss or damage by theft or fire (or accidental damage if the helicopter itself be damaged) in respect of flying clothing, maps, navigating equipment and instruments, headsets or similar equipment.
- Coverage for hull damage caused by strikes, riots, civil commotions or labour disturbances (subject to AVN48B and AVN51)
- Coverage for hull damage caused by any malicious act or act of sabotage (subject to AVN48B and AVN51)
- Coverage for hull damage caused by hijacking or any unlawful seizure of control of the helicopter or crew in flight made by any person or persons on board the helicopter acting without your consent (subject to AVN48B and AVN51)
- Expenses for forced landing where site is not suitable for take-off
- Reduced deductible ($1500) applicable to parts, engines or subassemblies detached from the helicopter (and not replaced) for any purpose, including repair and overhaul and including while in transit
- Approved uses Include advanced instruction / continuation training of named pilots and licensed instructors automatically approved as pilots for purpose of giving dual instruction to named pilots
- Pro rata calculation for additions and deletions to fleet
- Coverage for use of certain airfields and/or airports out of the notified hours, subject to prior permission having been granted by the appropriate owner and/or operator of such airfield and/or airport.
- $50,000 Airport Premises Liability
- Coverage for passenger baggage
- $5,000 coverage for crew and pilot medical and related expense
- 60 day disappearance waiting period reduced to 10 days
- Theft coverage if the helicopter is used by a person not permitted under the terms of this Policy provided such use was not authorized by the Insured
- Liability coverage extended to cover, as if he/she were the Insured, any pilot authorized by the Insured under the terms of the Policy in respect of injury or damage arising out of the operation of the helicopter
- Coverage for any reasonable expenses which you may be called upon to pay in respect of any public inquiry into an accident involving the helicopter
- Coverage if the helicopter is used in a place not permitted under the terms of this Policy provided such use was not authorized by the Insured
- Coverage if the helicopter is used in a manner not permitted under the terms of this Policy provided such use was not authorized by the Insured
- Insurers agree to waive their rights of subrogation against the aircrew for accidental loss or damage to the helicopter
- Coverage for hot or hung starts related to a single recorded incident (applicable to turbine engines only)
Contact AVRO Insurance Managers today to find an insurance program best suited to your aviation needs.
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