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Aviation News

Buying a business jet? Speak to JetBrokers Europe.

Aviation News Item: 01279

1st May 2009

NBAA Offers New Compensation Insurance Programme

Source: fly-corporate.com

A new National Business Aviation Association (NBAA) workers' compensation insurance programme is offered exclusively to NBAA Members as of 1 May.

The NBAA Workers' Compensation Insurance Programme is underwritten by Phoenix Aviation Managers, Inc., and the programme is administered by NationAir Aviation Insurance of Chicago.

In addition to reducing the cost of workers' compensation insurance premiums for NBAA Members, the programme also benefits the organisation itself. A small portion of the premium proceeds paid into the programme will come back to NBAA to fund its mission of assisting companies that rely on general aviation aircraft to make their businesses more efficient, productive and successful.

Eligible NBAA Member businesses include all fight departments, even one- or two-person; multi-aircraft flight departments; FBOs; charter operators; as well as maintenance and service providers, and other aviation businesses. There are even provisions for contract pilots.

NBAA Member Companies that already have an aviation insurance provider can simply contact their current broker, who will be able to obtain the workers' compensation insurance through Phoenix Aviation Managers.

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