Covered launches on-demand aviation product
Business will wholesale product from next January.
Covered Insurance has partnered with Tokio Marine (TMK) and 3XD to launch FlyCovered, an on-demand aviation product for manned aircraft.
According to the broker the coverage provides fully comprehensive physical damage protection for the aircraft and the pilot’s liability in accordance with EU laws.
A spokesperson for Covered told Insurance Age that they are aiming to start wholesaling the product, which it claimed is the first of its kind, in January 2019.
Flexibility
Covered built the
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