Keeping You Up To Date With Aviation Issue 8 Vol. 2 August 2012 Next month we will answer: 1. In insurance, what do you call a condition or situation that presents a possibility of loss? 2. The RMS Titanic hit an iceberg and sank in April 1912 - what does the RMS stand for? This month we will answer: 1. A= Alpha, B=Bravo and C=Charlie, What is S? S = Sierra in the Phonetic Alphabet 2. Where on the aircraft would you find the green navigation light? Right Wingtip — Navigation lights are the small lights located on each wingtip, there is a red light on the left wingtip, and a green light on the right wingtip. Question and Answer Insurance Pop Quiz: Does Your Policy Pass The Test Here's a little quiz that examines some of the more misunderstood and overlooked areas of aviation coverage. See if you know the answers—and if your policy measures up. 1. If you have a prop strike, will your policy pay for the resulting tear- down inspection (probably costing $5,000 or more) required by Trans- port Canada? Some do, some don’t. Since prop strikes are fairly common, this can be a very valuable coverage to have. Check your policy or ask your broker which companies offer this coverage. 2. Will your $2,000 hand-held GPS (or other unattached equipment) be covered under your policy? Usually not. If it isn’t permanently attached it isn’t considered part of the aircraft and is not covered under the hull insurance. Your home in- surance may cover this type of item, but some companies have been reluctant to pay similar claims. Find out how your home insurer deals with aviation-related items. 3. Does your policy have a restriction on liability coverage for passen- gers or family members? This is one of the most misunderstood areas of aviation insurance. I often talk to owners who are not even aware that their policies have such restrictions. Many have purchased their insurance directly from a company which pushes “bargain” policies with limits of $100,000 or even less per person in the event of an accident. This means that you will be personally liable for any amounts awarded by a court above this limit. What will you do if the injuries are to members of your own fam- ily? - Insurance Pop Quiz: Does Your Policy Pass The Test? - Unmanned Aircraft To Monitor The Arctic - AeroReader Gets Redesigned This Issue Come find us at the gateway to Metro Vancouver and BC! Excellent Commer- cial Leasing Opportunities are available! Come visit one of the friendliest Air- ports in British Columbia! www.pittmeadowsairport.com By: Dave Fitzpatrick Continued on Page 2...
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Transcript
Keeping You Up
To Date With
Aviation
Issue 8 Vol. 2
August 2012
Next month we will answer:
1. In insurance, what do you call a condition or situation that presents a possibility of loss? 2. The RMS Titanic hit an iceberg and sank in April 1912 - what does the RMS stand for?
This month we will answer:
1. A= Alpha, B=Bravo and C=Charlie, What is S? S = Sierra in the Phonetic Alphabet 2. Where on the aircraft would you find the green navigation light? Right Wingtip — Navigation lights are the small lights located on each wingtip, there is a red light on the left wingtip, and a green light on the right wingtip.
Question and Answer
Insurance Pop Quiz:
Does Your Policy Pass The Test
Here's a little quiz that examines
some of the more misunderstood
and overlooked areas of aviation
coverage.
See if you know the answers—and if your policy measures up.
1. If you have a prop strike, will your policy pay for the resulting tear-
down inspection (probably costing $5,000 or more) required by Trans-
port Canada?
Some do, some don’t. Since prop strikes are fairly common, this can be
a very valuable coverage to have. Check your policy or ask your broker
which companies offer this coverage.
2. Will your $2,000 hand-held GPS (or other unattached equipment) be
covered under your policy?
Usually not. If it isn’t permanently attached it isn’t considered part of
the aircraft and is not covered under the hull insurance. Your home in-
surance may cover this type of item, but some companies have been
reluctant to pay similar claims. Find out how your home insurer deals
with aviation-related items.
3. Does your policy have a restriction on liability coverage for passen-
gers or family members?
This is one of the most misunderstood areas of aviation insurance. I
often talk to owners who are not even aware that their policies have
such restrictions. Many have purchased their insurance directly from a
company which pushes “bargain” policies with limits of $100,000 or
even less per person in the event of an accident. This means that you
will be personally liable for any amounts awarded by a court above this
limit. What will you do if the injuries are to members of your own fam-
monitor the arctic Northrop Grumman and L-3 MAS (aerospace and defense company from Canada) have teamed up and sent a Global Hawk Unmanned Aircraft Sys-tems (UAS) on a surveillance mission to the Canadian Arctic. In the statement provided by Northrop Grumman the "Polar Hawk" variant was constructed to “stay in the air for long periods of time, resisting difficult weather conditions and monitor land, ice, littoral and open water environments across the Arctic.” Duke Dufresne, vice president and general manager for Northrop Grum-man's unmanned systems, the operational components of the ‘Polar Hawk’ (Including a range of 22,000 kilometers (13,670 miles) will help Canada maintain constant surveillance over the country's huge Arctic re-gion, from one coast to the other. According to Northrop Grumman ‘the systems can also be used for vari-
ous civil and commercial missions such as border patrol, port surveillance,
hurricane monitoring, disaster relief support, and high-altitude scientific
research.’*
Source: www.Infoniac.com,
*www.northropgrumman.com
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