COMMERCIAL DRONE INSURANCE

Description

• Drone Third-party liability insurance: Scope of coverage

If you are using a drone up to 50 kgs drone for commercial purposes, this insurance is perfect for you, as you will be covered from any third-party claims of bodily injuries or property damage arising from the day-to-day commercial drone operations, whether you owner or not. Therefore, if you accidentally mistake your drone with clients’ belongings like a car, or if you have an unexpected landing on another property, or if it collides with a third, you will have peace of mind, because your insurance will cover you in the event of a claim.

-This a is 12-month annual contract, with tacit renewal.

-The rates of the insurance are annual and all-inclusive.

• Drone Hull insurance: Scope of coverage

This insurance provides you coverage for accidental damage that drones suffer while being used for commercial operations. This is not a mandatory policy, but highly recommend to your business for protecting your assets.

This insurance offer you the option to cover your payload equipment, frequently cut-edge technology such as thermal cameras, LIDAR laser, or photographic devices are parts of your drone, and these pieces are normally much more expensive than the drone itself and damage is not likely repaired. With our solution you can put together the equipment along with the drone, to protect your expensive payload.

• Purpose of use:

We can cover operators flying in the open, certified, and specific categories including all sub-categories A1, A2, and A3 subject to having the correct permissions and flights carried out and complying with the European regulation in force. The following uses and activities will then be expressly covered, including but not limited to:

Photography, video production, search& rescue, survey &security as well as construction and agriculture, and other general commercial uses. You will also have the possibility to fly the drone in the recreational scenario, as a secondary use.

• Exclusions are as follows:

Regarding the Third-party liability coverage

-This Third-party liability insurance solution does not cover material damage to the drone and its equipment, or bodily injuries suffered by the pilot(s)

-Damage caused by the drone when it is no longer under the care and control of the insured.

-Damage caused by the drone because of derailment, unlawful taking of possession, or unlawful exercise of control of the drone during flight.

-Damage resulting from intentional or reckless misconduct on the part of the insured.

-Immaterial damages which are not the consequence of an insured bodily injury or material damage

-Damage to property entrusted to the insured in any capacity whatsoever

-Damage resulting from an infringement of privacy rights

-Damage caused by the deliberate violation of any special rules of safety and caution imposed by law or regulation, or of the operating instructions supplied with the drone packaging.

-Damage resulting from the defects in the insured’s equipment or installations known to him-her.

-Your company’s professional liability.

Regarding the Hull coverage, this insurance does not cover:

-Internal breakdown of the drone and its equipment. Damage resulting from the internal breakdown of the drone and its equipment in the event of accidental damage is yet covered.

-Scratches, scuff, graffiti, sprays, creases, and stains of any kind impacting the onboard equipment (such as cameras) and damages resulting from gradual deterioration, wear and tear, humidity in the atmosphere, temperature variations, and inherent vice.

-Damage or loss resulting from faulty manufacture or assembly, or occurring during maintenance, repair, or restoration work.

-Loss of opportunities, business, or profits

• Conditions applicable to all the coverage:

The coverages are subject to the following conditions, should one of these conditions not be fulfilled, the Insurer will be entitled not to pay the claim.

- Only commercial drone operators with residence in Spain, France (Corse, DROM, POM, COM included), Italy, Belgium, Luxembourg, and Portugal might purchase our insurance product.

- Overflight of the contractually- authorized countries is only possible subject to prior valid and necessary authorizations

- No agreement with a purchaser to increase your liability

-The policyholder must hold an acknowledgment of receipt of his UAS operator registration issued by the Civil Aviation Authority of the country concerned and dated less than 24 months unless such registration is not required.

- All registration and declaration formalities with the relevant authorities must have been carried out.

- Declared Drones must be equipped with the markings, devices, and systems required by the regulation in force. 

-Coverage is granted in accordance with EC regulation n°785/2004 and subsequent modifications, and subject to the named insured having valid and mandatory, flying licenses, qualifications, and authorizations from the national and European authorities, for the undertaken flight.

-In the event of a claim and if any or all the conditions of cover are not met, the insurer is entitled to refuse cover, whether the claim is related to a breach of any or all the conditions of cover.

-The pilot must not operate several drones simultaneously.

-The insured pilot must have had no claims in the last 5 years.

-The maximum authorized take-off weight of the remote-controlled drone must be strictly less than 150 KG.