Finance, Taxes, Insurance
Aircraft Insurance Pause Not Worth Risk, Says Broker
While aircraft insurance policies can be put on hold during extended periods of grounding, the cost savings don't outweigh the risks for most, broker says.

While aircraft insurance policies can be put on hold during extended periods of grounding such as during the current Covid-19 crisis, the cost savings don't outweigh the risks for most operators, Aviation Specialty Insurance president Matt Drummelsmith told AIN.