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Hull Deductible Insurance
The purchase of hull deductible insurance protects the policyholder from exposing their balance sheet to repair bills of up to USD 1m per incident, instead reducing these large sums to as little as USD 50,000. Leasing companies often include a condition in the lease agreement that their client purchase hull deductible insurance. Also, banks and other financial institutions frequently stipulate, as a loan prerequisite for the procurement of aircraft, that hull deductible cover should be purchased.
With a dedicated underwriter in London at Lloyd’s offering this niche product, Kiln is one of the few leading specialists in hull deductible insurance. Our capability is widely recognised and regularly accessed by brokers structuring insurance placements for their clients.
Underwriters
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Anna Henley
Underwriter
London
Syndicate: 510
Aviation hull deductible buy down
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Jay Wigmore
Underwriter
London
Syndicate: 510
Aviation hull deductible buy down and all classes of aviation