Find the right jet insurance
In-depth knowledge in placing insurance for your private aircraft!
Himaya Switzerland, a truly independent broker, has an in-depth knowledge in placing insurance for your private aircraft. We can approach several markets in Europe to provide you with the best insurance terms to insure the following risks:
- Hull & Spares insurance to cover your aircraft and its spare parts for physical damages. The sum insured is on agreed value basis and the cover is on “all risks” basis meaning that all the perils are covered except those which are excluded expressly in the schedule/wording
- War, Hijacking, Terrorism, malicious act, sabotage & Strikes Riots and Civil Commotions (SRCC) insurance
- Third party liability insurance to cover your legal liability arising out of property damages or bodily injury caused by the operation of your private jet. This includes liability to passengers, liability to the pilot but excluding workmen’s compensation and employer’s liability under any applicable legislation etc.
- Other insurances related to your crew:
- Medical insurance
- Personal accident
Our Services
- Starting with a comprehensive, personalized and holistic approach in order to go through the different types of risks that your jet and its crew can be covered for
- Assisting You in filling the aircraft insurance proposal form which is the starting point for preparing the file to be submitted to underwriters
- Advising on the documentation/information normally requested by underwriters including the ultimate beneficial owner details and the certificate of registry of your jet, CVs of the pilot/co-pilots including the number of total hours logged on fixed wings and the hours logged on similar make and model and licenses of the Pilot/co-pilot for their approval.
- Approaching the market(s) to get different offers and doing the necessary insurance market exercise through comparing different quotations not only based on their premium but also differentiating between various terms and conditions under each quotation.
- Assisting and providing advices on your rights and obligations based on our experience throughout the life of the claim from the initial declaration of the claim. We will assist in:
– Liaising with the insurance company to second a loss adjustor to survey the claim
– Managing Your expectations as to what is covered as per policy terms and conditions.
– Drafting a letter of reserves to protect the right of recovery of insurer(s)
– Following up with insurer(s) on the claim all the way till the claim file is indemnified and/or closed. - Assigning one Account Executive in charge of Your Account from A to Z who acts as a single point of contact
Our Advices
- To deliver on your duty of making a fair presentation of the risk to insurers containing all material circumstances which you know or ought to have known. If you are in doubt as to whether information is material, it is best to disclose it since rarely disclosure will prejudice you, whereas non-disclosure certainly will.
- The disclosure to include:
– Loss history of the owner with existing and previous aircraft
– Any material fact which is one that is likely to influence the judgment of an insurer when determining whether to provide a business with cover and at what premium. - It is not a matter of premium only; policy terms, conditions and exclusions should count
- When there is third party liable protect the rights of recovery of the insurer (s) as per your contractual obligation
- To immediately inform your insurance broker of any claim in order to be guided properly
- In case of claim, if a loss surveyor is appointed it is always better that you or your entrusted representative attend the survey
- In case of claim, do your best to mitigate the damages/losses and act as if you were not insured
AT THE TIME OF THE CLAIM IT IS TOO LATE! “TO GOVERN IS TO FORESEE…”
