[Code of Federal Regulations]

[Title 14, Volume 3]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 14CFR198.9]



[Page 314]

 

                     TITLE 14--AERONAUTICS AND SPACE

 

CHAPTER I--FEDERAL AVIATION ADMINISTRATION, DEPARTMENT OF TRANSPORTATION 

                               (CONTINUED)

 

PART 198_AVIATION INSURANCE--Table of Contents

 

Sec. 198.9  Applicant for insurance.



    (a) Application for premium or non-premium insurance must be made in 

accordance with the applicable form supplied by the FAA.

    (b) Each applicant for insurance with the premium under this part 

must submit to the FAA with its application a letter describing in 

detail the operations in which the aircraft is or will be engaged and 

stating the type of insurance coverage being sought and the reason it is 

being sought. The applicant must also submit any other information 

deemed pertinent by the FAA.

    (c) Each applicant for premium or non-premium insurance must, upon 

request by the FAA, submit to the FAA evidence that commercial insurance 

is not available on reasonable terms for each flight or ground operation 

for which insurance is sought. Each aircraft operator who has a standby 

non-premium insurance policy must, upon request by the FAA, submit 

evidence to the FAA that commercial insurance is not available on 

reasonable terms before the FAA activates that policy. The adequacy of 

the evidence submitted is determined solely by the FAA.

    (d) The standby non-premium policy issued to the aircraft operator 

does not provide actual coverage until formally activated by the FAA.