Hangarkeepers' liability coverage limits include which of the following?

Hangarkeepers' liability coverage limits include which of the following?

• A. Per occurrence
• B. Per aircraft
• C. Both per occurrence and per aircraft
• D. Separate limits for each claim

Answer: (C)

Hangarkeepers liability is typically written with two monetary limits to reflect different risk dimensions. There is a per occurrence limit, which caps the total payout for any single incident involving damaged aircraft in care, custody, or control. There is also a per aircraft limit, which sets a separate cap for each individual aircraft in storage. This structure protects against a large loss from one event while ensuring that every aircraft has its own protection ceiling, so damage to one plane doesn’t automatically exhaust all coverage for others. Therefore, the coverage includes both per occurrence and per aircraft limits.

Hangarkeepers liability is typically written with two monetary limits to reflect different risk dimensions. There is a per occurrence limit, which caps the total payout for any single incident involving damaged aircraft in care, custody, or control. There is also a per aircraft limit, which sets a separate cap for each individual aircraft in storage. This structure protects against a large loss from one event while ensuring that every aircraft has its own protection ceiling, so damage to one plane doesn’t automatically exhaust all coverage for others. Therefore, the coverage includes both per occurrence and per aircraft limits.