Insurance Purpose of Insurance: General Coverage:
{"Image DocumentName": "Insurance Purpose of Insurance: General Coverage:", "Image ImageDescription": "protect the Company and its property. comply both with federal regulations and the Company\u2019s credit and lease agreements. General Coverage: public and passenger liability, property damage, cargo and baggage liability, loss or damage to aircraft, engines, and spare parts, and workers\u2019 compensation. Increasing insurance cost after Following the terrorist attacks, commercial aviation. insurers significantly increased the premiums and. reduced the amount of war-risk coverage available. commercial carriers. The federal Homeland Security. Act of 2002 requires the federal government to provide. third party, passenger, and hull war-risk insurance coverage. to commercial carriers through a period of time. that has now been extended to December 31, The Company is unable to predict whether the government. will extend this insurance coverage past December 31, 2006, whether alternative commercial insurance. with comparable coverage will become available at. reasonable premiums, and what impact this will have on. the Company s ongoing operations or future financial. performance.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}