Aviation insurance is coverage that is related to aircraft. It can include liability coverage, accident insurance for any aircraft passengers, or coverage of the actual aircraft and its contents.

The field of Aviation Insurance requires specialized knowledge and IIC experts have good experience in arranging aviation covers in Azerbaijan and abroad. We are always ready to put together various kinds of hull covers for aircraft, third party liability, aviation cargo liability insurance, passenger legal liability and aviation passenger personal accident insurance, airport and etc.

IIC Aviation insurance covers losses and/or liabilities arising from the use/handling of aircrafts. The following policies can be arranged:

Aircraft Hull Risk
This type of coverage protects aircraft operators against physical loss/damage to aircrafts that are being operated under their control at the time of loss. The insurance policy will cover the aircraft for the agreed value stipulated in the policy. Unless the loss is adjusted as a "Total Loss," there will be a self-insured deductible applicable to any subsequent hull claims.

Aviation Liability Insurance
In the event of an aircraft accident causing bodily injury to passengers on board the aircraft, aircraft owners and/or operators have a legal liability towards any temporary/permanent bodily injury suffered by the passengers. Aircraft owners and/or operators also have liability towards compensation awards to relatives of deceased passengers and third parties arising from the accident. Normally, the level of compensation is awarded by a court of law in the country where the passenger is domiciled.

Air Cargo
This coverage provides all risk coverage should your cargo be lost or damaged during the normal course of transit.

Cash in transit
This is an insurance against loss of money while in transit from one place to another duration of which should not exceed 48 hours. This policy covers loss due to snatching, hold up and absconding by the carrying employee. However, the maximum limit of cover for any one transit is fixed.

Personal Accident
Personal Accident insurance provides compensation for death or bodily injury suffered by the insured persons during flying. Cover is available for individuals and groups. Common covers are:

We can assist you with any of your aviation and aircraft related insurance needs. Our professionalism, experience, and client service have allowed us to develop into one of the largest independent aviation insurance companies in the country. You can be assured that no matter what your aviation related risk, we will strive to provide you a cost effective, comprehensive, solution that is tailored to your needs.