Air Charter Services

At Sprezzatura Insurance we believe that according to traditional insurance practices, the level of exposures and risks for air charter services are as follows:

Level of Risk Per-Line of Business: Low, Medium & High.

• Automobile Liability: Medium - Lower if client transportation contracted out.
• Aircraft Liability: High- Strict liability may be imposed.
• Aircraft Hull: High- Type of condition and style the aircraft is in.
• General Liability: Premises and Operations: Medium
• Environmental Impairment Liability: Medium
• Workers Compensation: High - Workers on board will be faced with the highest risk.
• Crime: Low
• Fire and E.C.: Property: High
• Business Interruption: Medium
• Inland Marine: Low

Based on ISO, AM Best, and others; Recommended class codes for Air Charter Services are::

Standard Industrial Classification Manual (SIC) Codes and Classifications

4522 - Air Transportation, Nonscheduled