Operating in the aviation industry across Australia, including cities like Perth, Sydney, Melbourne, Brisbane, and Canberra, brings unique risks. From potential damage to aircraft and equipment to liability issues and operational disruptions, aviation businesses face various challenges.
BAU Risk offers tailored Aviation Insurance that helps mitigate these risks, covering property damage, liability claims, and business interruptions. By securing comprehensive coverage, aviation businesses can focus on their essential operations without the worry of unexpected setbacks.
According to the Australian Transport Safety Bureau, aviation accidents in Australia resulted in over $50 million in claims in 2022, underscoring the critical need for comprehensive aviation insurance.
The Civil Aviation Safety Authority reports that business interruptions in the aviation sector, such as airspace closures, can lead to financial losses exceeding $10 million per incident, highlighting the importance of robust insurance policies.
Aviation Insurance from BAU Risk includes vital coverage areas for seamless operations. Property insurance secures assets, such as aircraft and aviation equipment, from damage or loss. Public liability insurance addresses third-party injury or property damage claims, critical in high-stakes aviation environments. Business interruption insurance provides financial support if operations are halted, allowing businesses to recover quickly from unforeseen events. Professional indemnity insurance protects against claims of negligence, essential for maintaining client and regulatory trust. For those with employees, workers’ compensation insurance covers injuries sustained on the job, and management liability insurance protects company leaders from potential legal or financial risks.
To discuss how Aviation Insurance can support your business, Request a Callback or Contact Us.
Protects assets and equipment from damage or loss.
Covers third-party injury or property damage claims.
Provides financial support during periods when operations are disrupted.
Provides protection against claims of negligence or errors in professional services.
Covers medical expenses and lost wages for employees injured on the job.
Offers protection against claims related to management decisions and actions.
By investing in Aviation Insurance, companies can ensure they are protected against various risks, allowing them to operate smoothly and efficiently.
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Keeping your business covered, so you can keep business as usual.
BAU Risk Services Pty Ltd is a Corporate Authorised Representative (CAR No. 001308013) of Apollo Risk Services Pty Ltd AFSL 403727 and provides General Insurance and Risk Management Services to their Australia wide clientele.