Steve invited his friend Susan to take a short flight to a nearby airport for lunch on
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Steve invited his friend Susan to take a short flight to a nearby airport for lunch on Saturday. During the landing at the destination airport Steve over-shoots the turn to final and stalls and the aircraft crashes into a park just outside the airport. Steve and Susan are both seriously injured and a group of people in the park are also injured. The aviation insurance company who insured Steve will apply the full limit of $1,000,000 as necessary to settle all of the claims that may arise for the accident.
Explain which types of Aviation Insurance Policy is applicable in this case.
Related Book For
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
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