The vast majority of people, luggage and goods carried by airlines arrive at their destination on time and in excellent condition. However, there are situations in which passengers may suffer accidents, and luggage and cargo may occasionally be damaged, delayed, lost or destroyed in flight or in transit.
In the case of extended budgets, aviation insurance and reinsurance have an international character and
high standards, established by a relatively uniform practice.
In accordance with international regulations and treaties, airlines must
compensate injured third parties, including owners or passengers whose luggage or cargo
transported were damaged, delayed or lost.
The policies in the Obsidian Broker portfolio cover the amounts due as compensation related to judicial processes for a number of unpleasant situations, from the death or personal injury of passengers, when luggage is lost or damaged as a result of an aircraft accident.
The policies in the Obsidian Broker portfolio cover the amounts due as compensation related to judicial processes for a number of unpleasant situations, from the death or personal injury of passengers, when luggage is lost or damaged as a result of an aircraft accident.
