Coverage

Description

The cost of dismantling, reassembling, and transporting drones, as well as the cost of clearing debris

Property loss

Description

To cover direct physical damage to, or loss and/or disappearance of unmanned aerial vehicles and ancillary supporting equipment and facilities, resulting from natural disasters and/or accidental events

The necessary and reasonable expenses paid by the insured to prevent or mitigate the loss of the insured object after an insurance accident occurs

The cost of dismantling, reassembling, and transporting drones, as well as the cost of clearing debris

Liability of onboard personnel: to cover the insured’s legal liability to pay as compensation for bodily injury or death suffered by onboard personnel of unmanned aerial vehicles. The number of personnel on board cannot exceed the maximum number of passengers stated in the policy

Third party liability

Description

To cover the insured’s legal liability to pay as compensation for third-party’s bodily injury and/or property damage caused by accidents during the use and operation of drones

To pay all arbitration or litigation costs, and all other necessary and reasonable expenses and legal costs incurred by the insured with insurer’s prior written consent

Third-party bodily injury or death (excluding third-party property damage) caused by no-fault liability, and compensation for third-party’s death, disability, and medical expenses are explicitly covered in some policies

Premises liability: to cover the insured’s legal liability to pay as compensation for third-party’s bodily injury and/or property damage caused by the insured’s work related to their business or operations

Hangar manager responsibility: destruction or damage to unmanned aerial vehicles under the care, custody, or control of the insured or being maintained, handled, or repaired by the insured

Product liability: to cover the insured’s legal liability to pay compensation for third party bodily injury and/or property loss caused by the production, construction, modification, repair, maintenance, handling, and sale of unmanned aerial vehicle products by the insured

Liability of onboard personnel: to cover the insured’s legal liability to pay as compensation for bodily injury or death suffered by onboard personnel of unmanned aerial vehicles. The number of personnel on board cannot exceed the maximum number of passengers stated in the policy

Personal accident

Personal accident

Description

To provide accident insurance coverage for pilots and passengers

Source: Swiss Re Institute summary of available policies in China