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Types of aviation insurance policy

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Steve invited his friend Susan to take a short flight to a nearby airport for lunch on Saturday. During the landing at the destination airport Steve over-shoots the turn to final and stalls and the aircraft crashes into a park just outside the airport. Steve and Susan are both seriously injured and a group of people in the park are also injured. The aviation insurance company who insured Steve will apply the full limit of $1,000,000 as necessary to settle all of the claims that may arise for the accident.

Explain which types of Aviation Insurance Policy is applicable in this case.

Reference no: EM133113673

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