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What is the difference between a policy for a commercial operator and that for a private or corporately owned aircraft operated for business use?

April 26, 2017aircraft Business Commercial corporately operated operator policy private

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What is the difference between a policy for a commercial operator and that for a private or corporately owned aircraft operated for business use?

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A commercial policy is rated on a different basis by the underwriters than for private or corporate policies. Any commercial operations (Part 91) require a policy that states that the aircraft is being used for commercial purposes. Charter businesses require unique additional coverage.