Charter Aircraft Revenue Protection

When the insured aircraft cannot complete a scheduled charter because it has been withdrawn from service due to unscheduled maintenance or mechanical breakdown, charter aircraft revenue protection engages to directly reimburse the aircraft owner or operator for lost charter revenue up to the daily policy limit.

Designed for aircraft owners and operators whose aircraft is managed by and under the exclusive control of a FAR Part 135 charter operator, the policy directly reimburses the aircraft owner and/or operator when a confirmed charter is canceled because of unscheduled maintenance or mechanical failure.

Coverage is available to any individual owner and operator of a fixed or rotor wing turbine managed aircraft contracted at an established hourly rate and offers reimbursement options as high as $35,000 per day customized to meet the operational net revenue expectations.

Premiums are based upon each individual operation with fleet discounts available.