The rights vested by grant of an estate in real property to build upon, occupy or use in the manner and degree permitted, all or any portion of space above the ground or any other stated elevation without vertical planes the basis of which corresponds with the boundaries of the real estate described in the grant.
Tag: RAW
Airborne
Carried by or through the air.
Airborne Vessel
Afloat or flying aircraft.
Aircraft
The term ‘aircraft’ includes the engines, standard instruments and equipment ; extra equipment and accessories of an Aeroplane.
Aircraft and waterborne craft exclusion
Public liability policy exclusion ensuring that aviation and marine risks are not covered unwittingly. The exclusion is overridden in respect of any liability attaching to the insured arising out of business entertainment on or in craft belonging to others, or in handpropelled boats. Work by the insured in or on aircraft or vessels (e.g. cleaning) should not normally be excluded.
Aircraft coverages
Though aircraft have long been an important element in the lives of most Americans, insurance of aircraft exposures has remained outside the mainstream of property and liability insurance markets. Aircraft hull and liability insurance is the counterpart of personal or commercial auto policies coverage. Aircraft products insurance is the counterpart of products liability cover. Air cargo insurance is mirrored in motor truck cargo. Hangarkeepers liability is akin to garagekeepers coverage. As with any specialty line of insurance, the absence of standardized forms limits practice to specialists in the line.
Aircraft damage (aircraft or aerial devices)
See: Aerial Devices.
Aircraft insurance
Specified in paragraph 5 of Part I of Schedule 1 to the Regulated Activities Order (Contracts of general insurance) as the insurance upon aircraft or upon the machinery, tackle, furniture or equipment of aircraft.
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Coverage for the insured in the event that the insured’s negligent acts and/or omissions result in losses in connection with the use, ownership, or maintenance of aircraft.
Aircraft insurance policies
Claims or suits that arise out of the ownership, maintenance, or use of aircraft are generally excluded under the standard commercial general liability (CGL) forms. Businesses that elect to use private aircraft in their operations must purchase specialty insurance to cover their aircraft liability loss exposure aircraft liability coverage or stand-alone nonowned aircraft liability and perhaps excess aircraft liability coverage as well. Coverage for third-party aircraft liability is often provided, which also includes hull (physical damage) and medical payments coverages. Aircraft policies are not standardized and vary widely. Some insurers offer policies that combine aircraft liability and hull with other aviation coverages, such as aircraft products liability, airport liability, land-based general liability, and hangarkeepers liability coverage.
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US: Claims or suits that arise out of the ownership, maintenance, or use of aircraft are generally excluded under the standard commercial general liability (CGL) forms. Businesses that elect to use private aircraft in their operations must purchase specialty insurance to cover their aircraft liability loss exposure
Aircraft liability
Specified in paragraph 5 of Part I of Schedule 1 to the Regulated Activities Order (Contracts of general insurance) as insurance against damage arising out of or in connection with the use of aircraft, including third party risks and carrier’s liability.