Liability insurance for airports and related services

Insurance in this field holds an important place in aviation risk coverage and flight safety, as it involves the possibility of high-level risks and ensures the protection of the insured parties' property interests. It is evident that airline companies themselves cannot independently cover compensation. "MOLDASIG," as one of the leaders in liability insurance, safeguards the economic interests of airports and related services.

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"MOLDASIG" enters into civil liability insurance contracts for airports with legal entities – the Insured, in accordance with the "Conditions of Voluntary Civil Liability Insurance for Airports and Related Services" and the legislation of the Republic of Moldova.

The insurance company is interested in the safety of the air traffic system. As a financial institution, "MOLDASIG" directly benefits from investing in flight safety. Special funds are allocated for preventive measures, which, in turn, are directed towards financing the enhancement of airport security.

Civil liability insurance in the aviation sector (including related services) provides protection for the property interests of the insured regarding their obligation to compensate for damages caused during their activities to third parties, passengers, aircraft owners, and cargo owners.

The insured amount, agreed upon by the parties, is the maximum amount the Insurer will pay as compensation for property claims arising from all insured events during the validity period of the specific insurance contract, including all judicial and procedural expenses.

The amount of the insurance premium is determined based on: the volume of liability limits, insurance terms, conditions of insurance, and risk occurrence factors.

The insurance premium can be paid in full or in installments.

 
Liability insurance for airports and related services is an essential component of risk management in aviation, aimed at protecting airports and their operators against potential damages or accidents that may occur during their activities. It covers various aspects related to responsibilities and risks associated with airport operations and surrounding services.

Liability insurance protects airports and their operators from claims and damages caused to third parties (individuals or legal entities) due to accidents, damage, or injuries that may occur during airport activities. This includes any activity conducted within the airport premises, as well as external activities such as the transportation of passengers, luggage, and cargo.


Liability insurance for airports can include several types of coverage, including:

  • Third-Party Liability: Covers material damages or bodily injuries caused by the airport operator or its activities. For example, in the event of an accident where an airport vehicle hits a passenger or another vehicle.
  • Passenger Liability: If passengers suffer damages or injuries during travel or other services offered at the airport, liability insurance can cover compensation expenses.
  • Liability for Damages Caused by Aircraft: In the event of an accident during aircraft operations, the insurance covers damages to third parties or airport structures (e.g., destruction of a runway or airport facility).
  • Cargo Liability: Covers damages to goods transported through the airport (e.g., loss or damage to a package transported by an airplane or stored in a cargo terminal).
 

Airports are involved in many types of services, each addressing specific risks that can be insured. These include:

 
  • Maintenance and operation of runways and airport facilities: Airports are responsible for maintaining safety infrastructure such as runways, aircraft parking platforms, and terminals. Liability insurance coverage can include accidents caused by infrastructure defects or maintenance errors.
  • Air traffic services: Air traffic control is essential for flight safety. Insurance coverage can include damages caused by errors in managing air traffic, such as collisions between aircraft or flight delays due to traffic management issues.
  • Passenger and baggage transportation: Insurance can cover risks related to the transportation of passengers and baggage within the airport or between the airport and aircraft (e.g., accidents while transporting baggage from the terminal to the plane).
  • Security services: Airports are responsible for ensuring an adequate level of security. If a security incident (such as a forced evacuation or a terrorist threat) results in damages or injuries, insurance can cover these risks.
  • Handling services (cargo and passenger handling): Operators handling baggage, cargo, or equipment may be exposed to risks of damage during these operations. These risks are typically covered by liability insurance.
 

Liability insurance for airports can cover a wide range of damages and risks, including:

 
  • Material damages: For example, damages to airport infrastructure (buildings, terminals, handling equipment) caused by an accident or incident.
  • Bodily injuries: Damages to individuals, including passengers, airport employees, or visitors, resulting from an accident (e.g., ground vehicle accidents, accidental equipment collisions, etc.).
  • Economic losses: Financial losses suffered by airlines or other economic partners of the airport due to an incident that affects their operations.
  • Environmental damages: Insurance can also cover accidents leading to ecological damage (e.g., fuel spills or other hazardous substances affecting the environment).

Flexibility

You can insure any personal property against any risks on terms that are optimal for you.

Discount System

When taking out a property insurance policy, if you have alarm systems, fire protection systems, and water leakage security systems in place, you will receive discounts on the insurance premium.

Speed

The contract is concluded quickly and easily.

Mobility

To conclude the contract, there is no need to visit the office; it is enough to call – and the company agent will come at a time convenient for you.

Moldasig offers more safety with the travel medical insurance policy!

0 (22) 889 889

The insurance premium value for airports and their services depends on several factors, including:

  • Size and type of the airport: Large airports with high passenger and aircraft traffic will have a higher premium due to increased risks.
  • Type of services offered: Airports providing a wide range of services (baggage handling, freight transport, security services, etc.) will need to insure a broader range of risks.
  • Incident history: Airports with a history of accidents or incidents will pay higher premiums.

In conclusion, liability insurance for airports and related services is an essential tool for protecting airport operators and managing the complex risks associated with aviation activities.

Moldasig Insurance Priorities

The company's specialists will quickly and conveniently conclude the contract and select the optimal insurance program for each client.
Discounts and benefits are provided when concluding and renewing the contract.

Contact us at 0 (22) 889 889 or write to [email protected], and we will get in touch with you shortly.

What clients say about MOLDASIG

Irina (31 years old)

The employees are very polite, they know very well how to do their work, they are aware of all the documents that need to be drawn up and submitted for a damage file or the conclusion of a RCA (activities with which I had direct contact) and they offer competent support to solve all possible customer problems.

Alexei (25 years old)

I have every confidence in working with MOLDASIG because they provide the best service on the insurance market. With this insurance company I have purchased my RCA, Casco and next week I am going to Spain, so I will definitely use MOLDASIG to insure the trip for the whole family. Thank you!

Eugen (26 years old)

I am very grateful for your promptness. You were very helpful, especially when I was out of the locality during the winter holidays, you helped me in a very short time, using technology and the internet in a proper way and with a kindness that certainly makes me recommend you with confidence, further!

Irina (31 years old)

The employees are very polite, they know very well how to do their work, they are aware of all the documents that need to be drawn up and submitted for a damage file or the conclusion of a RCA (activities with which I had direct contact) and they offer competent support to solve all possible customer problems.

Alexei (25 years old)

I have every confidence in working with MOLDASIG because they provide the best service on the insurance market. With this insurance company I have purchased my RCA, Casco and next week I am going to Spain, so I will definitely use MOLDASIG to insure the trip for the whole family. Thank you!

Eugen (26 years old)

I am very grateful for your promptness. You were very helpful, especially when I was out of the locality during the winter holidays, you helped me in a very short time, using technology and the internet in a proper way and with a kindness that certainly makes me recommend you with confidence, further!

 
 

We are always at your disposal.