Aviation insurance claim settlement refers to the process by which individuals or organizations seek compensation for losses or damages incurred in aviation-related incidents.
Aviation insurance plays a crucial role in mitigating financial risks associated with aviation activities. When an aviation incident occurs, such as an aircraft accident, property damage, or bodily injury, the affected parties can file claims with their insurance providers. The insurance company then reviews the claim, determines coverage eligibility, and settles the claim by providing financial compensation to cover the losses.
