Hull and Liabilities Insurances
Hull Insurance:
This insurance covers the damage sustained by the aircraft fuselage due to an accident while taking off or landing and during taxiing around the airport.
Liability Insurance:
Since air transportation can incur liabilities, insuring these liabilities guarantees compensation to the transporter for all the amounts that they may be committed to pay for damage or injuries sustained by the passengers and other property such as luggage and consignments. This can also extend to cover carrier liability in case of crashes, explosions, etc.
