This product is provided for underwriters for all types of individual space risks they wish to reinsure.
Insurance Encyclopedia
Satellite In-Orbit Insurance
Coverage for loss, damage or failure of the satellite during the “in-orbit phase.”
Satellite Launch and In-Orbit Insurance
Provides coverage for loss, damage or failure of the satellite during the launch, in-orbit testing and in-orbit operation.
Satellite Launch Risk Guarantee
This product is for launch vehicle service providers. It provides coverage to the launch vehicle service provider for underperformance of the launch vehicle.
Satellite Launch Vehicle Flight Only Insurance
This product is available to the title holder of the satellite during the launch phase. It provides cover against the underperformance of the launch vehicle, up until separation of the satellite
Satellite Loss of Revenue Insurance
Coverage can be provided to cover the amount of revenue that an operator or owner may lose should the satellite not perform the manufacturer’s specification.
Satellite Post Separation Insurance
Coverage against loss, damage or failure of the satellite after the satellite has separated from the launch vehicle. This product is designed so that there is no gap in coverage with any policy that has provided coverage of the “launch phase.”
Satellite Pre-launch Insurance
This covers transportation of the satellite from the manufacturer or place of storage to the launch site, the storage of satellite at the launch site and the preparation leading up to the launch itself including the mating of the satellite with the launch vehicle.
Satellite Space Products
This provides coverage to the equipment manufacture for failure of a piece of equipment to perform to the manufacturer’s specification.
Satellite Terrorism Cover
Cover against use of violence for political ends and includes any use of violence for the purposes of putting the public in fear.