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What is a Public Liability Insurance Requirment or Glider Club



 
 
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Old January 14th 19, 02:40 AM posted to rec.aviation.soaring
Papa Tango if IN
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Default What is a Public Liability Insurance Requirment or Glider Club

Hello Everyone,
We are 70 years old glider club. Recently our airport closed down and we had to move to a much bigger airport. We agreed on the rent and moved in with 5 gliders and one tow plane. We are insured by Costello. We are already paying our rent but we just received pages of complicated contract. We could use your help with one paragraph. It appears to be that we need an other insurance top of Costello's.
1-Is this a common request? We never had to pay this before.
2-Who would you recommend for this kind of insurance?

INSURANCE: Operators agrees to maintain in force and effect at all times during the term of this Agreement Public Liability Insurance protecting it and Owner from loss on account of each and every claim and demand arising out of the alleged wrongful or negligent acts or omission on the part of Operator, its agent, servants or employees. Said insurance shall be with a company or companies satisfactory to the Owner and shall include coverage commonly known as “airport liability” in the minimum amount of 1’000 000.00 (One Million Dollars) and “products liability” coverage in the minimum ¬¬¬ amount of 1’000 000.00 One Million Dollars).

THANK YOU FOR YOU TIME!
 




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