Common use of Hangar Keepers Liability Clause in Contracts

Hangar Keepers Liability. a. Shall be written on an “occurrence” basis with a limit of not less than Two Hundred Million Dollars ($200,000,000) per occurrence. b. The upper single limits of any one (1) aircraft to be determined by the estimated replacement cost of the average number of aircraft parked (serviced) on any given Day. c. Coverage written on a “claims-made” basis is not acceptable.

Hangar Keepers Liability. a. Shall be written on an “occurrence” basis with a limit of not less than Two Hundred Twenty-Five Million Dollars ($200,000,00025,000,000) per occurrence. b. . The upper single limits of any one (1) aircraft to be determined by the estimated replacement cost of the average number of aircraft parked (serviced) on any given Day. c. day. Coverage written on a “claims-made” basis is not acceptable.