ADDITIONS AND DELETIONS
(Applicable to Liabilities only)
1. The insurance afforded by this Policy is automatically extended to include at pro rata additional premium further Aircraft added during the currency of this Policy provided such Aircraft are owned or operated by the Insured and are of the same type as Aircraft already covered hereunder and of no greater seating capacity.
2. The inclusion of additional Aircraft of other types or greater seating capacity shall be subject to special agreement and rating by Insurers prior to attachment.
3. Aircraft which have been sold or disposed of shall be deleted from this Policy and the Insured shall be entitled to pro rata return of premium.
4. Notwithstanding the foregoing provisions for additions and deletions the premium in respect of each separate period of Flight Risk insurance on any Aircraft covered during the currency of this policy shall in no case be less than fifteen days’ pro rata premium.
5. Notice of the addition or deletion of any Aircraft under the provisions of Paragraphs 1 and 3 respectively shall be given to the Insurers or their representatives in writing within ten days of attachment or deletion
AVN 18A 1.10.96
Insurance Agents Team who shares all About Insurance, i.e. Health Insurance, Auto Insurance, Insurance Rates, Fire Insurance, Liability Insurance, Property Insurance, Engineering Insurance, Aviation Insurance, Machinery Breakdown Insurance, Fidelity Guarantee, Money Insurance, Marine Cargo Insurance, Project Insurance, Automobile Liability Insurance, Builder's Risks Insurance, Contractors-Erection All Risks Insurance, Loss Prevention, Risks Management, Insurance Claims, etc
Friday, May 1, 2009
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