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Dual Asset Underwriting unveils aircraft product

Aeroplane

Product covers a range of legal ownership risks including fraud and forgery.

Dual Asset Underwriting has launched Aircraft Title Insurance to join its legal ownership insurance services.

The provider has partnered with US firm AIC Title Service to launch the policy in the UK and across Europe which will mainly be sold through brokers.

It detailed that the product insures buyers and/or the financiers of aircraft for a wide range of legal ownership risks, including:

fraud and forgery unknown debts secured against either the aircraft or its engines or propellers

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