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Aviation Law Exam 2 Review Study Guide Solutions

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Aviation Law Exam 2 Review Study Guide Solutions hull coverage - ANSWER-covers damage to or destruction of the insured aircraft resulting from an accident -generally doesn't cover damage to the aircraft's engines in connection with an engine failure, unless the engine failure leads to other damage to the aircraft hull coverage may be purchased to cover: - ANSWER-all risks all risks while not in flight, or all risks while not in motion.2 Purpose-of-use categories - ANSWER-categories of airplane use that are used in aviation insurance classification and rating Copyright ©EMILLYCHARLOTE 2025 ACADEMIC YEAR, ALL RIGHTS RESERVED. Page 2/34 -pleasure and business -industrial aid -limited commercial -commercial exept instruction or rental -commercial -special uses FAR Violation Exclusion Clause - ANSWER-says that if the operation was in violation of a FAR, it is excluded from coverage by the insurance policy Copyright ©EMILLYCHARLOTE 2025 ACADEMIC YEAR, ALL RIGHTS RESERVED. Page 3/34 subrogation - ANSWER-The process by which an insurer can, after it has paid a loss under the policy, recover the amount paid from any party (other than the insured) who caused the loss or is otherwise legally liable for the loss. How renting pilots can avoid subrogation - ANSWER--purchasing a waiver of subrogation endorsement to their aircraft insurance policy -have insurance company generically name renter pilots as additional insureds on the policy If your business is located on an airport, you will need - ANSWER- airport liability insurance types of airport liability insurance - ANSWER-worker's compensation unemployment premises/hangar keeper's liability Copyright ©EMILLYCHARLOTE 2025 ACADEMIC YEAR, ALL RIGHTS RESERVED. Page 4/34 products liability premises liability - ANSWER-covers injury to nonemployees occurring at your place of business Hangarkeepers Liability - ANSWER-insurance that covers your liability for damages to other people's aircraft while th

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Subido en
23 de noviembre de 2024
Número de páginas
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Escrito en
2024/2025
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Aviation Law Exam 2 Review Study
Guide Solutions


hull coverage - ANSWER✔✔-covers damage to or destruction of the

insured aircraft resulting from an accident




-generally doesn't cover damage to the aircraft's engines in connection

with an engine failure, unless the engine failure leads to other damage to

the aircraft


hull coverage may be purchased to cover: - ANSWER✔✔-all risks




all risks while not in flight, or




all risks while not in motion.2


Purpose-of-use categories - ANSWER✔✔-categories of airplane use that

are used in aviation insurance classification and rating
Copyright ©EMILLYCHARLOTE 2025 ACADEMIC YEAR, ALL RIGHTS RESERVED. Page 1/34

,-pleasure and business




-industrial aid




-limited commercial




-commercial exept instruction or rental




-commercial




-special uses


FAR Violation Exclusion Clause - ANSWER✔✔-says that if the operation

was in violation of a FAR, it is excluded from coverage by the insurance

policy




Copyright ©EMILLYCHARLOTE 2025 ACADEMIC YEAR, ALL RIGHTS RESERVED. Page 2/34

,subrogation - ANSWER✔✔-The process by which an insurer can, after it

has paid a loss under the policy, recover the amount paid from any party

(other than the insured) who caused the loss or is otherwise legally liable

for the loss.


How renting pilots can avoid subrogation - ANSWER✔✔--purchasing a

waiver of subrogation endorsement to their aircraft insurance policy




-have insurance company generically name renter pilots as additional

insureds on the policy


If your business is located on an airport, you will need - ANSWER✔✔-

airport liability insurance


types of airport liability insurance - ANSWER✔✔-worker's

compensation




unemployment




premises/hangar keeper's liability
Copyright ©EMILLYCHARLOTE 2025 ACADEMIC YEAR, ALL RIGHTS RESERVED. Page 3/34

, products liability


premises liability - ANSWER✔✔-covers injury to nonemployees

occurring at your place of business


Hangarkeepers Liability - ANSWER✔✔-insurance that covers your

liability for damages to other people's aircraft while they are in your

care, custody, or control


product liability - ANSWER✔✔-insurance needed to cover claims arising

out of faulty workmanship, oversights in inspection, errors and defects

in design or manufacture of goods sold, and faults in the quality, storage,

and delivery of fules




needed by all businesses that perform aircraft inspection, maintenance,

or modification, or supply aircraft parts, fuel and lubricants


Workers Compensation - ANSWER✔✔-A form of insurance paid by the

employer providing cash benefits to workers injured or disabled in the

course of employment.

Copyright ©EMILLYCHARLOTE 2025 ACADEMIC YEAR, ALL RIGHTS RESERVED. Page 4/34
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