Return-Path: Sender: "Marvin Kaye" To: lml@lancaironline.net Date: Wed, 22 Sep 2004 13:13:15 -0400 Message-ID: X-Original-Return-Path: Received: from rwcrmhc11.comcast.net ([204.127.198.35] verified) by logan.com (CommuniGate Pro SMTP 4.2.2) with ESMTP id 425671 for lml@lancaironline.net; Wed, 22 Sep 2004 12:52:50 -0400 Received-SPF: none receiver=logan.com; client-ip=204.127.198.35; envelope-from=N2811A@comcast.net Received: from comcast.net (h0050e4f9850f.ne.client2.attbi.com[24.34.165.190]) by comcast.net (rwcrmhc11) with SMTP id <2004092216521901300ad1tee>; Wed, 22 Sep 2004 16:52:20 +0000 X-Original-Message-ID: <4151ADC1.1000807@comcast.net> Disposition-Notification-To: Angier & Gynna X-Original-Date: Wed, 22 Sep 2004 12:52:17 -0400 From: Angier & Gynna User-Agent: Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.4) Gecko/20030624 Netscape/7.1 X-Accept-Language: en-us, en MIME-Version: 1.0 X-Original-To: Lancair Mailing List Subject: Re: Insurance References: In-Reply-To: Content-Type: multipart/alternative; boundary="------------070202070004040902070406" This is a multi-part message in MIME format. --------------070202070004040902070406 Content-Type: text/plain; charset=us-ascii; format=flowed Content-Transfer-Encoding: 7bit Barry said... "My insurance guy says when you have an engine failure to go in gear up if you want the engine covered. Silly, but that's the way it works... I guess it depends on the company, too." Not sure I understand what's being said here. Does the typical aviation hull policy exclude physical damage caused by pilot error and or pilot stupidity? If an engine rod breaks, is it covered? Is any resulting damage to the engine, prop or airframe covered? Is there policy wording which would exclude loss or damage incurred while in violation of any FAR? Suppose you have a precautionary landing on a highway in a high crime area, your gear collapses, you're slightly injured and taken to the hospital. If you incur several thousand of expenses to post armed guards by the plane together with transport charges to a local repair facility, are you covered for these expenses? After all, they were incurred in an effort to save the whole enterprise. If your policy is 'all risk' as opposed to 'named peril' only, then you are (or should) be covered for every occurence under the sun...unless there is a very specific exclusion written into your policy. I'm no expert on aviation insurance but having spent many years in marine insurance underwriting both in this country and the UK, please permit me to pass along a few words of wisdom. Read your policy very carefully and understand it fully. The insurance company writes the policy, not you and for this reason, any denial of claim carries with it a very heavy burden for the company to demonstrate that the submitted claim was excluded by policy wording. Angier Ames N4ZQ 82.56% N3ZQ 00.00% --------------070202070004040902070406 Content-Type: text/html; charset=us-ascii Content-Transfer-Encoding: 7bit Barry said...
"My insurance guy says when you have an engine failure to go in gear up if  you want the engine covered.   Silly, but that's the way it works...  I guess it depends on the company, too."


Not sure I understand what's being said here.
Does the typical aviation hull policy exclude physical damage caused by pilot error and or pilot stupidity?
If an engine rod breaks, is it covered? Is any resulting damage to the engine, prop or airframe covered?
Is there policy wording which would exclude loss or damage incurred while in violation of any FAR?
Suppose you  have a precautionary landing on a highway in a high crime area, your gear collapses, you're slightly injured and taken to the hospital. If you incur several thousand of expenses to post armed guards by the plane together with transport charges to a local repair facility, are you covered for these expenses? After all, they were incurred in an effort to save the whole enterprise.

If your policy is 'all risk' as opposed to  'named peril' only, then you are (or should) be covered for every occurence under the sun...unless there is a very specific exclusion written into your policy.

I'm no expert on aviation insurance but having spent many years in marine insurance underwriting both in this country and the UK, please permit me to pass along a few words of wisdom. Read your policy very carefully and understand it fully.

The insurance company writes the policy, not you and for this reason, any denial of claim carries with it a very heavy burden for the company to demonstrate that the submitted claim was excluded by policy wording.

Angier Ames
N4ZQ   82.56%
N3ZQ   00.00%





--------------070202070004040902070406--