Added Protection for Professional Services Providers

We live in a fast-paced business world where mistakes can and do happen. Most aviation professionals already have insurance protecting them from claims for bodily injury or property damage arising from “occurrences” resulting from their aviation activities.

The APS policy does not replace a traditional occurrence policy but compliments it by responding when a claim is made that the policyholder committed a “wrongful act,” as defined in the policy, that resulted in damages other than bodily injury or property damage. An inadequate pre-purchase inspection or improper advice concerning an engine overhaul may not result in an accident that would trigger an occurrence policy. Still, they are wrongful acts to which the APS policy would likely respond.