(Case Analysis) U.S Aviation Underwriters issued an aricraft insurance policy to
ID: 2718189 • Letter: #
Question
(Case Analysis) U.S Aviation Underwriters issued an aricraft insurance policy to Cash Air, Inc. covering its employees. The policy stated that to be covered under the policy, the aircraft must be "flown only by a pilot or pilots describled on the coverage summary page." Each policy coverage page stated that a pilot not named in the policy must be one who holds "an AA commercial pilot certificate with AA multi-engine and istrument ratings who has flown a minimum of 2,500 hours as pilot in command, at least 1,000 hours of which shall have been in multi-engine aircraft and at least 25 hours of which shall have been in Piper PA 21-350 aircraft." Peter Convich, an employee of Cash Air, Inc., did not meet the pilot experience requirements when the Piper Seneca airplane injuries and property damage. Must the insurance company pay for the loss? Explain.
Explanation / Answer
No, the insurance company did not pay for loss
As it is clearly stated in the policy documents that only those pilot/employees to be covered under the policy as describled on the coverage summary page. and in Each policy coverage page stated that a pilot not named in the policy must be one who holds "an AA commercial pilot certificate with AA multi-engine and istrument ratings who has flown a minimum of 2,500 hours as pilot in command, at least 1,000 hours of which shall have been in multi-engine aircraft and at least 25 hours of which shall have been in Piper PA 21-350 aircraft. Peter Convich, an employee of Cash Air, Inc., did not meet the pilot experience requirements when the Piper Seneca airplane injuries and property damage, therefore the insurance company will not be liable to pay for the loss.
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