Explain which types of Aviation Insurance Policy is applicable for the case given below: Frank takes John
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Question:
Explain which types of Aviation Insurance Policy is applicable for the case given below:
Frank takes John for a ride in his aircraft. During the flight the engine quits and Frank makes an emergency landing on a road. During the landing John is injured and the driver of a car on the road is also injured. Frank's aircraft liability insurance is $1,000,000 per occurrence with a sub-limit of $100,000 per passenger. The aircraft insurance company pays $100,000 for John's claim and $700,000 to the driver of the car for injuries. The insurance company also pays $25,000 for damage to the car.
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