Global Aerospace To Offer Insurance for Eclipse 500
Eclipse Aviation announced that it will partner with underwriter Global Aerospace Underwriters to provide hull and liability insurance to owners of owner-flown Eclipse 500s. Premiums for the five-passenger twinjet have not yet been determined, but Global expects them to be “similar to those for existing aircraft.” Global Aerospace was established last year through the merger of British Aviation Insurance Group (BAIG) and Associated Aviation Underwriters (AAU) in the U.S. The Eclipse 500 is on track for certification in December 2003, with the first customer deliveries scheduled for January 2004. First flight was imminent at press time.