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Wed, Nov 05, 2008

Diamond Announces Diamond Aviation Insurance Program

Includes $0 Deductible Option

Diamond Aviation and Eastern Aviation Insurance have announced the launch of the Diamond Aviation Insurance Program for Diamond Flight Centers and individual Diamond aircraft owners.

The program, underwritten exclusively by AXA Insurance through Britt / Paulk Aviation Underwriters, offers lower, preferential insurance rates -- and some terms not available in the general market, according to the planemaker.

For Diamond Flight Centers, the program  leverages the high quality of these audited, selected flight schools to improve upon the already-attractive rates available for all Diamond aircraft. The program also offers some terms not typically available to schools elsewhere -- including a $1,000,000 smooth available liability limit for owner-operation of leaseback aircraft, a $0 deductible option, an accidental death benefit for instructors and expanded insurance options for ancillary risk at the Diamond Flight Center.

"We are excited to be partnering with Diamond in this effort," said Terry Britt, principal at Eastern Aviation Insurance. "Their aircraft deservedly have a reputation for safety -- and with the rigorous audits they conduct of their Diamond Flight Centers, and the ability for owners to get quality recurrent training at these select schools, we feel very comfortable in quoting aggressively for this business."

The Diamond Aviation Insurance Program is available to all approved Diamond Flight Centers and to individual Diamond owners. Interested flight schools and individuals can learn more about the program by contacting their Diamond Aircraft distributor or by directly contacting the program office.

FMI: www.diamondaircraft.com/insurance

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