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The amount of coverage may be a blue book value or an agreed value that was set when the policy was purchased. [6] The use of the insurance term "hull" to refer to the insured aircraft betrays the origins of aviation insurance in marine insurance. Most hull insurance includes a deductible to discourage small or nuisance claims.
On 8 May 2007, Singapore introduced new liquid restrictions, which is limited to 100ml for all flights (excluding Seletar Airport), where Changi Airport is the biggest airport with more frequent visitors and direct services. Liquids less than 100ml must be sealed into transparent resealable bag not exceeding 20 cm x 20 cm.
Travel insurance is an insurance product for covering unexpected losses incurred while travelling, either internationally or domestically. Basic policies generally only cover emergency medical expenses while overseas, while comprehensive policies typically include coverage for trip cancellation, lost luggage , flight delays , public liability ...
In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy language.
Generally, an insurance contract includes, at a minimum, the following elements: identification of participating parties (the insurer, the insured, the beneficiaries), the premium, the period of coverage, the particular loss event covered, the amount of coverage (i.e., the amount to be paid to the insured or beneficiary in the event of a loss ...
Icing conditions are characterized quantitatively by the average droplet size, the liquid water content and the air temperature. These parameters affect the extent, type and speed that characterize the formation of ice on an aircraft. Federal Aviation Regulations contain a definition of icing conditions [4] that some aircraft are certified to ...
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Health plans know that emergency medical care must be provided for their enrollees no matter how poorly the plans pay for these services. The lack of a system to ensure fair benefit payments has allowed payers to underpay the fair value of emergency services, creating an imperative to preserve balance billing.