Aircraft Insurance
Categories: Insurance, Regulations
Insurance for any craft made in the air. So if you like to wile away the hours on long plane trips by making quilts or putting together scrapbooks or even making those quirky little ships-in-bottles, aircraft insurance represents the best way to get compensated if those items happen to get damaged.
Er...actually, the term refers to insurance for actual aircraft. This kind of policy can apply to insurance for commercial planes, but also commonly refers to smaller planes owned by individuals. It's like car insurance...if you happen to own a Cessna 140.