Aviation insurance is a policy that offers property and liability coverage for aircraft. It covers losses resulting from aviation risks that come about due to the maintenance and use of aircraft, property damage, loss of cargo, or injury to people. It protects both its owners and aircraft operators from unforeseen losses.
A customs bond ensures that your duties and taxes will be paid even in extreme circumstances, like bankruptcy or the closure of your business. Customs bonds are required to cover shipments entering the country by sea and by air. You can face fines or delays without the proper customs bond.
Indemnity against loss or damage to the specified property resulting from any cause not specifically excluded in the policy.