Aviation insurance

The decade-long experience of aviation insurance, stable financial position, and reliable reinsurance programs in hand allow SOGLASSYE Insurance Co. Ltd. to provide reliable aircraft insurance services.

1.Aircraft insurance
 
This insurance type is for aircraft (civil, governmental, and experimental) that have certificates of state registration of aircraft, airworthiness certificate, or equivalent documents;
It is also possible to insure separate aircraft components installed onboard and having proper documents (technical passport, logbook etc).
Insurance of aircraft and supplemental equipment envisages an indemnity for losses the insured may suffer from the destruction (complete or structural), disappearance of, or damage to an aircraft as a result of an accident occurred during the insurance term. The insurance contract may be concluded against all risks or any combination of them.
The insurance cover remains effective for the time of flight, taxing, and standing of the aircraft, unless the insurance contract provides otherwise.
 
2.Insurance of Civil Liability of Air Carrier
 
This insurance type protects the proprietary interests of the insured in relation to its liability to pay damages under the procedure established by applicable civil legislation for any harm to the life and/or health, as well as property, of any person, caused during the operation of the aircraft, air carriage of passengers, baggage, cargo, or mail, or during aviation works on such aircraft.
According to the Air Code of the Russian Federation, the air carrier must insure its civil liability to the air passenger for any damage to the latter’s life, health, baggage, and personal belongings, as well as civil liability to the cargo owner or shipper. The aircraft owner must insure its third party liability, while the aircraft operator – the same for the time of aviation works.
 
3. Insurance of Civil Liability for Airport Operation
 
This insurance type represents relations for the insurance protection of the proprietary intestates of legal entities when the insurer becomes liable by law to indemnify the insured for any damage to the third party proprietary interests that occur in connection with airport operation, use of the ground equipment servicing civil aircraft, carriage of passengers, baggage, cargo, and mail, as well as use of aviation in specific economic sectors.
 
4.Insurance against Space Risks
 
This insurance type applies to the interests connected with space devices launched and operated in orbit, and as regards third party liability. This insurance covers civil liability for damage to the life, health, or property of private individuals, resulting from any activities involving launches and operation of space devices.
The subject of this insurance is space rocket carriers consisting or a booster, upper stage, nose firing; space vehicles: satellites (communications, research, meteorological, military etc), space stations, manned spacecraft, orbital space stations etc.
This insurance cover is provided on one of the following conditions:
            a) "Liability for destruction and accidental damage";
            b) "Liability for accidental damage"; and
            c) "Liability for destruction only."
 
The department of advanced projects of SOGLASSYE Insurance Co. Ltd.C is always ready to offer its services to corporations and private individuals.

Oleg Viktorovich Kolodin:  Tel/fax: (495) 739-01-01 (387), e-mail: oleg.kolodin@soglasie.ru
Olga Valentinovna Zotova: Tel/fax: (495) 739-01-01 (387), e-mail: olga.zotova@soglasie.ru
 Marina Yuryevna Yartseva:  Tel/fax: (495) 234-91-24, e-mail: marina.yartseva@soglasie.ru

Discounts are available for corporate clients insuring an aircraft fleet (more than three aircraft).

What affects the policy cost?