Explain briefly air insurance.

1.	Explain briefly air insurance.
Answer» Aviation (Air) insurance: Insurance against claims and losses arising from maintenance and use of aircrafts or airports including damage to aircraft, personal injury, etc. is called aviation insurance. In 19th century, goods started getting transported through air and so began the air insurance. Air freights are very costly and so only those goods that are light weight and highly valuable are transported through air. The premium of air insurance is much higher than marine and rail/road transport.

Answer»

Aviation (Air) insurance:

Insurance against claims and losses arising from maintenance and use of aircrafts or airports including damage to aircraft, personal injury, etc. is called aviation insurance.
In 19th century, goods started getting transported through air and so began the air insurance.
Air freights are very costly and so only those goods that are light weight and highly valuable are transported through air.
The premium of air insurance is much higher than marine and rail/road transport.

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