Product & Third Party Liability Coverage From PETER H. BRAASCH

Product & Third Party Liability Coverage From PETER H. BRAASCH

Technical aviation services (incl. CAMO), suppliers to the aviation industry as well as aircraft dealers as a rule require an aviation product liability insurance policy that provides protection in case the company is held liable damages to persons or property on account of a loss occurrence. Such a policy comprises the legal liability for supplied products as well as for performed work & services.

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BADV Coverage
This is a compulsory insurance pursuant to Art.3 of the German decree on aviation ground services. All service operators at German airports must contract a company aviation liability (BADV) insurance policy.

It includes damages that may occur by administrative processing on the ground, supervision, baggage processing, freight & mail handling, ramp services, fuelling & flight operation services, crew services, ground transportation services, etc.

The insurance coverage includes the examination of all liability issues, the settling of justified indemnity claims & the fulfilment of justified indemnity obligations.