AeCSA Insurance Statement

[Aero Club Exco]

Statement
23 May 2012
Aero Club of South Africa Insurance

We are approaching finality regarding the Aero Club of South Africa insurance policy document covering personal indemnity with the Approved Persons ( AP) scheme covering the AP's and members operating in competitions which will be covered in the modified wording finalising this policy.
There are current exclusions for Air shows as this element still needs further work. We have ensured that the process of ensuring correct cover at an affordable price has been a challenge especially due to limited data available to accurately apportion risk.
Aviation Maintenance Organisations (AMO's) that utilise AP's will have their AP's excluded while working for the AMO. Cover for an AP working within this environment need to ensure that these individuals are covered under the AMO's business policies.
The Cover is detailed as follows:
A) Section 1: Premises Legal Liability R 10 000 000 any one accident
B) Section II: Hangar Keepers Legal Liability R10 000 000 any one accident
C) Section III: Products/Repairs Legal Liability R10 000 000 any one accident
*Note:
Section III Limit is reduced to R 100 000 for each occurrence in respect of "AP Scheme"
Section I, II and III Limit is reduced to R 90 000 each and every claim

The cover will be in place with immediate effect with payment subject to AeCSA approving the final wording.

The exact wording of the policy will be placed on our AeCSA website once approved.

AeroClub of South Africa.

[ZULU1]

Seems like somebody has woken up because those kind chaps at MISASA were about to give them a low budget "Kick in the balls" Well done MISASA but are the committee happy with this response or do you need more. We as the proletariat don't have enough details ?

Let us all know, John, Alan, Donald and the team..

[Tumbleweed]

i still think they need to say 'Please, Thank you and Sorry'.

[Aero Club Exco]

Please accept our sincere apologies for the TYPO at section 3,please find herewith rectified statement regarding the Insurance.





Statement
23 May 2012
Aero Club of South Africa Insurance

We are approaching finality regarding the Aero Club of South Africa insurance policy document covering personal indemnity with the Approved Persons ( AP) scheme covering the AP's and members operating in competitions which will be covered in the modified wording finalising this policy.
There are current exclusions for Air shows as this element still needs further work. We have ensured that the process of ensuring correct cover at an affordable price has been a challenge especially due to limited data available to accurately apportion risk.
Aviation Maintenance Organisations (AMO's) that utilise AP's will have their AP's excluded while working for the AMO. Cover for an AP working within this environment need to ensure that these individuals are covered under the AMO's business policies.
The Cover is detailed as follows:
A) Section 1: Premises Legal Liability R 10 000 000 any one accident
B) Section II: Hangar Keepers Legal Liability R10 000 000 any one accident
C) Section III: Products/Repairs Legal Liability R10 000 000 any one accident
*Note:
Section III Limit is reduced to R 1000 000 for each occurrence in respect of "AP Scheme"
Section I, II and III Limit is reduced to R 90 000 each and every claim

The cover will be in place with immediate effect with payment subject to AeCSA approving the final wording.

The exact wording of the policy will be placed on our AeCSA website once approved.

AeroClub of South Africa.