With the demand for covers for ground handling and aviation product liability insurance policies on the rise, general insurance companies said that aviation insurance policies that were primarily used to cover the fleet of the airline companies is now in demand for the other covers provided by this policy.
Mr. Manik Nehra, senior manager of aviation insurance at Bajaj Allianz General Insurance Co. Ltd. Said, “With new routes and new cities being added by aviation companies, the demand for aviation insurance will only go up.”
“We are now looking at aviation products, general aviation and aerospace insurance covers. In the next few months, we will look at airline insurance as well,” said Mr. M Ravichandran, president-insurance, Tata AIG General Insurance.
