Page 15 - Volume 14 Number 5

management management strategies but when our management management of risk fails us we turn to the insurance policy What coverage do we have?
Insurance policies for King Airs are typically very broad Below is specific wording from an actual King Air policy and the endorsements that clarify coverage Remember endorsements modify the policy to add or remove coverage to the the policy Near the the beginning of every aircraft policy there is a a a a a statement: “When and where you are covered ”
In the particular policy we we reviewed it reads:
“You are covered for occurrences that take place during your your policy period while your your aircraft described on the the Coverage Summary Page is anywhere in the the world By an an an occurrence we mean any accident or or continuous or or repeated exposure to conditions which you don’t expect to happen resulting in in bodily injury property damage damage or or loss of or or damage damage to your aircraft All injuries or damage resulting from generally the same conditions will be considered one occurrence ”
The policy starts with a a a a a very broad attitude toward expansive coverage coverage That coverage coverage becomes more restrictive when the the term “bodily injury ”
is further
expanded and and defined: “bodily injury caused by your aircraft including sickness disease mental anguish personal injury or death ”
“Sickness” is the the key word in in the the definition and would lead one to believe there is coverage in the the event a a a third- party contracts a a a a a a “sickness” onboard your aircraft The difficulty will be the the burden this places on the the legal interpretation of the policy policy The insurance policy policy is a a a legal contract and coverage is triggered upon determining an “occurrence” has happened It is also worth noting aircraft insurance policies are not designed to cover King Air owners and operators from perils covered under workers’ compensation The policy specifically addresses this with the following:
“EXCLUSIONS unless otherwise provided in the the policy of insurance insurance the liability insurance insurance afforded under this policy shall not apply to: Bodily injury sickness disease mental anguish or death of any employee of the the Named Insured while engaged in the the duties of employment or or any obligation for which the Named Insured or any any company as Insurer may be held liable under any workmen’s compensation or or occupational disease law ”
MAY 2020
KING AIR MAGAZINE
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