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What is Aviation Professional Indemnity Insurance?
Aviation Professional Indemnity insurance fills a coverage gap that as long been a source of concern for aviation and aerospace professionals. It provides coverage for financial loss to a third party arising out of professional negligence.
Professional negligence arises from an act or omission resulting in a failure to exercise the required level of skill expected by that profession which results in financial loss to a person to whom a duty of care is owed.
Who is Aviation Professional Indemnity Insurance for?
Aviation and aerospace professionals such as auditors, engineers, safety experts, consultants, maintenance providers and aircraft sales dealers face exposure to loss resulting from allegations of professional misconduct. The Professional Indemnity insurance available through Global Aerospace provides these professionals with protection from this exposure.