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Example of claims under Public Liability:
| Drone Insurance | Public Liability |
| Legal Claims (3rd party) | Injury / Damage to Property |
| Premium Payment Options | Annual, Monthly |
| Civil Liability Coverage | 5,000,000/- |
| National Insurance Regulator | PIAM |
Public Liability Coverage:
1. Bodily Injury / Property Damage
2. Invasion of Privacy
3. Noise Liability
A Public Liability policy aims to protect you or your company against any claim for compensation and legal costs you may be legally be liable to pay for bodily injury to anyone (other than employees or contractors under your employ or direction for monetary consideration or in kind) or damage to a third property (other than your own property or property held in trust or on commission) caused by activities of your company.
Example of claims under Public Liability:
2. They then ask you to pay for the damage by way of repairs or replacement of damaged items plus loss of income due to closure. The Public Liability will defend you against such a claim if it goes to court or settle out of court the claim made by the owner of the plantation.
You are carrying out a fumigation job on a plantation and a lot of curious workers, or even by standers stand by to watch your drones even though you put a cordon around the place, and they get accidentally sprayed on by the chemicals or the drone crashes into them causing injury or even death to them.
They or their beneficiaries demand compensation from you. The Public Liability Policy will defend you against any legal suit and settle the claim made by them.
In all cases Public Liability policies carry an excess usually in our policy RM1,500 to RM2,500 each and every loss for property damage only.
Locally this applies for property damage only. For bodily Injury, usually our company does not impose an excess although some do. Most overseas policies apply excess across the board i.e., for both bodily injury as well as property damage…
Example of claims under Public Liability:
Introduction To Drone Insurance :
"Unmanned Aerial Vehicle (UAV)/ Drone is being widely used in commercial purposes including Agriculture, Mapping, Filming, Photography and Surveillance to name a few and are using such technology to advance their services."
With the growing demand for the drone services, the main factor to consider is SAFETY of operation and equipment.
The requirement for each operation to have Insurance coverage has become more important and its being recognized both by the Authorities and Client. Service provided also wish to secure their operations and assets (UAV/Drone).
Understand the need to cover the operation and UAV/Drone, we introduce Drone Insurance coverage for ;
Choose Your Drone Insurance Coverage
“Mitigate the potential risks and liabilities that you might carry when operating your drone in public space.”
“Our collaboration with insurance company as the policy provider, we have all the mechanism in place for a quick and fast application and approval process. Along with MUDAS as the recognized advisor for the UAV/Drone development, requirement in safety and regulation. Our drone insurance is ready to cover your complex operation and advance equipment (UAV/Drone).”
VStream Revolution Sdn Bhd
Insurance And Finance
UAS AVIATION INSURANCE
Insurance
Construction & Real Estate, Drone Delivery, Power & Utilities, Forestry & Agriculture, Surveillance & Mapping, Leisure & Hobby, Aerial Photography, Mining & Exploration, Education, Security & Law Enforcement, Environment & Wildlife, Archeology & Monuments, Disaster Management / First Responders, Infrastructure & Transport, Science & Research, Others
Malaysia
Brunei Darussalam, India, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand
Safety Management System - Dviation Group DTCN2022010101
VSTREAM REVOLUTION SDN BHD is a drone technology startup that was founded to address the risks associated with drone operation, specifically related to drone crashes and injuries to third parties (human or assets). The company offers drone insurance for drone repair and total loss claims as well as third-party claims. Additionally, VSTREAM REVOLUTION SDN BHD provides drone consultancy services with ready-to-use checklists, operation procedures, operation manuals, permit application services, a
VSTREAM
Insurance
