What is medical payments coverage, and should I carry it on my policy?
This coverage pays the immediate medical expenses for injuries sustained in an accident. It also covers injuries that occur while entering or leaving the insured aircraft. Most insurance companies offer medical payments coverage on their liability policies. It is usually written in limits ranging from $1,000 to $15,000 per person, and depending on the policy, it may or may not cover the pilot. Because its purpose is to pay for initial medical treatment, most policies have a time limit on the medical services provided. It is considered “no-fault” insurance, which means liability does not have to be established for medical payments to be made. Carrying medical payments coverage on your policy is a good idea because it covers the smaller injury claims without filing a claim against your bodily injury liability coverage. Additionally, it can pay expenses not covered by your personal health insurance. What should I be aware of when completing an insurance application? Answer all questions a
