Commercial & General Aviation — NAICOM Licensed

Protection at
Every Altitude.

Aviation Insurance provides comprehensive protection against the unique risks associated with the ownership, operation and use of aircraft — covering owners, operators, airlines, aviation businesses and all stakeholders.

11Coverage Lines
24/7Claims Desk
NAICOMLIC 040

What is Aviation Insurance?

Aviation Insurance protects aircraft owners, operators, airlines and aviation businesses against physical damage, legal liability and other aviation-related exposures — from ground handling through to high-altitude flight operations.

Why Aviation Insurance Matters

Aircraft are high-value assets operating in a uniquely complex risk environment. A single incident can result in catastrophic physical damage, multi-million naira third-party liability claims, and regulatory consequences that threaten business continuity.

Prestige Aviation Insurance is backed by A+ rated international reinsurance capacity, ensuring that whether you operate a single light aircraft or a commercial fleet, your policy carries the financial strength to respond at the moment that matters most.

Core Principle

“From hull to hangar, crew to cargo — one policy, complete protection.”

  • Physical damage to aircraft — ground, taxiing, and in-flight
  • Legal liability to third parties, passengers and crew
  • War, hijacking, terrorism and specialised perils
  • Loss of licence, spares, and business interruption

What Aviation Insurance Covers

Eleven distinct coverage lines — tailored for aircraft owners, commercial operators, MROs, airports, and every stakeholder across the aviation value chain.

Aircraft Hull Insurance

Covers physical loss of or damage to the aircraft arising from insured risks, including accidents, collision, fire and other specified perils.

Aviation Liability Insurance

Covers the insured's legal liability for bodily injury or property damage caused to third parties as a result of the operation or use of an aircraft.

Passenger Liability

Provides cover for the operator's legal liability arising from injury or death of passengers carried on board the aircraft.

Crew Personal Accident

Provides financial benefits for accidental death, permanent disability and other specified injuries sustained by pilots and crew members.

Ground Risk Cover

Protects the aircraft against loss or damage while stationary or undergoing ground movement, depending on the selected cover option.

War and Allied Perils

Protection against specialised risks normally excluded from standard policies, including war, hijacking, terrorism, sabotage and related perils.

Aircraft Spares & Equipment

Covers aircraft spare parts, equipment and related aviation assets against loss or damage, subject to the policy terms.

Products Liability

Protects manufacturers, suppliers, maintenance organisations and other businesses against liability arising from defective aviation products or components.

Airport & Operations Liability

Covers legal liabilities arising from aviation-related ground operations, including activities at airports, hangars, maintenance facilities and aviation premises.

Loss of Licence

Provides financial protection to eligible pilots who become unable to exercise their professional flying licence due to an insured medical condition.

Aviation Business Interruption

Provides financial protection against loss of income or additional expenses resulting from an insured event that interrupts an aviation business or prevents aircraft use.

Explore Each Coverage Line

Click any coverage to see full details, what it includes, and who it is designed for.

Aircraft Hull Insurance

Physical damage to aircraft from insured perils

Aviation Liability Insurance

Third-party bodily injury & property damage

Passenger Liability

Operator liability for passenger injury or death

Crew Personal Accident

Benefits for pilots & crew injuries

Ground Risk Cover

Loss or damage while on the ground

War & Allied Perils

War, hijacking, terrorism & sabotage

Aircraft Spares & Equipment

Spare parts & aviation assets

Products Liability

Defective aviation products & components

Airport & Operations Liability

Ground operations at airports & hangars

Loss of Licence

Financial protection for grounded pilots

Aviation Business Interruption

Lost income from insured aviation events

Hull Cover

Aircraft Hull Insurance

Covers physical loss of or damage to the aircraft arising from insured risks, including accidents, collision, fire and other specified perils.

  • Accidental damage from collision or impact
  • Fire, lightning and explosion damage
  • Loss of or damage to engines and avionics
  • Coverage in-flight, taxiing and at rest

Complete Protection for Every Aviation Stakeholder

With Aviation Insurance from Prestige Assurance, aircraft owners and operators can protect their valuable assets, meet their legal and contractual obligations, and manage the financial consequences of aviation-related accidents and liabilities — backed by 70+ years of underwriting expertise.

Ready to Protect Your Aviation Assets?

Speak with our aviation underwriting desk for a tailored policy — from single aircraft to commercial fleets and airport operations.