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4 sty 2024 · To protect against these risks, FBOs need to have comprehensive insurance coverage. FBO insurance typically includes liability coverage, which protects the FBO against claims for bodily injury or property damage caused by the operation of the business.
Global Aerospace’s aviation insurance underwriting experts work closely with FBOs to provide comprehensive coverage, flexible terms and innovative solutions. That includes working with you to identify your risks and customize your protection with several policy types, including: Premises Liability; Products/Completed Operations; Hangarkeepers ...
FBO exposure can range for the most basic premises liability to flight training, charter, products and more. Risk identification and management is extremely important to the daily operation of a successful FBO. Airport Premises Liability. The airport premises liability policy is a key policy for any airport operation.
7 kwi 2022 · In aviation, the acronym FBO is short for fixed base operator. While this term is known worldwide, it is more common in the United States. A fixed base operator is a commercial operation that...
28 maj 2024 · Airport liability insurance is a type of insurance that helps protect airports and FBOs from potential legal liabilities. These policies can cover a variety of risks due to on-site operations involved in aviation, including: Lawsuits and litigation.
19 mar 2024 · Fixed-base operators (FBOs) play a vital role in the aviation industry. Given the breadth and depth of their operations, FBOs face a unique set of risks and liabilities. Learn how AXA XL’s Aviation, Inland Marine and Environmental insurance businesses are helping to address FBO’s unique risks.
Fixed Base Operator Insurance. Fixed Based Operators (FBOs) refers to the airport-based, commercial operations which provide some or all of the of the following activities: Line services. Aircraft and engine maintenance. Sale of parts and accessories. Aircraft sales.
