TYPES OF AIR TRANSPORT INSURANCE

I will discuss about the various insurance that is provided by the airline's air freight. Some of the parties involved in the activities of the aviation industry can cover insurance in accordance with the risk that it faces each, including:

Insurance of closure made ​​by the operator, air carrier or owner of this form:

- Insurance order plane
- Insurance carrier responsibilities to passengers and passenger baggage
- Insurance of responsibility towards the crew of third insurance
- Insurance of aircraft hijacking

Employers' liability insurance aircraft factories and workshops reparation "air transport company which conducts transportation is responsible for:
• Death or injury of passengers transported
• destroyed, lost or damaged goods transported.
• Delays in transportation of passengers and goods transported or if it is proven it is a transport error "

 
Therefore, as often happens the case of the plane crash then the airline should be responsible to the victims of aircraft accidents through insurance companies designated by the airline.

TYPES AND BENEFITS OF INSURANCE

Generally, insurance consists of three categories, namely:

Insurance Losses
Consisting of insurance for property (property, vehicles), financial interests (pecuniary), the legal responsibility (liability) and self-insurance (accident or health).

Life Insurance
In essence is a form of cooperation between the people who avoid or at least reduce the risk posed by the risk of death (which would happen but not sure when it happened), the risk of old age (which is inevitable and predictable when it happens, but it is uncertain how old) and the risk of accidents (which is not inevitable, but not impossible). Where cooperation is coordinated by the insurance company, which works on the basis of the law of large numbers (the law of large numbers), which spread the risk to people who want to cooperate. Included in life insurance programs such as: insurance for education, retirement, investment, stages, health.

Social Insurance
Social insurance is compulsory insurance program organized by the government under the Act. The aims and objectives of social insurance is to provide a basic guarantee for the public and is not intended for commercial gain.

hopes meaningful.