What it is:
A digital, pay-as-you-go insurance solution that provides all-risk coverage for individual shipments of aircraft parts or aviation cargo, with coverage limits up to $2 million.
flycovr.com

Why it’s useful:
It allows businesses to secure insurance instantly—within 60 seconds—without the need for annual commitments or complex paperwork, ensuring quick protection for valuable shipments.
flycovr.com

Good for what companies:

• Aircraft parts traders
• Maintenance, Repair, and Overhaul (MRO) providers
• Freight forwarders and logistics companies
• Aviation e-commerce platforms
• Any business requiring immediate, shipment-specific cargo insurance

Example usage:
An MRO provider needs to ship a critical aircraft component internationally on short notice. Using Flycovr, they can obtain instant insurance coverage for that specific shipment, ensuring protection against potential transit risks.

What it is:
Insurance that covers multiple shipments over time — either for a whole year (annual) or a set short-term period — under one policy.

Why it’s useful:
You don’t need to buy insurance for each shipment individually. This saves time, reduces admin, and can be more cost-effective for frequent shippers.

Good for what companies:

• Aircraft parts traders with regular shipments
• MROs shipping components often
• Freight forwarders and aviation logistics companies
• Any business moving aviation goods frequently

Example usage:
A parts trader ships engines weekly. Instead of insuring each shipment separately, they get a 12-month policy that covers all shipments — faster, simpler, and often cheaper.

What it is: Insurance that pays you if your shipment is late.

Why it’s useful: Late deliveries can cost money — this insurance helps recover those costs.

Good for: Companies that have global supply chains, just-in-time inventory models, or industries where time-sensitive delivery is crucial.

What it is:
A single policy that covers goods from the moment they’re made or purchased, through transit, storage, and delivery — start to finish.

Why it’s useful:
It simplifies insurance by covering both transit and storage risks in one plan, reducing gaps in coverage and administrative hassle.

Good for what companies:

• Aircraft parts traders and distributors
• MROs holding and shipping inventory
• Aviation logistics and supply chain operators
• Any business moving and storing high-value stock

Example usage:
An aviation supplier imports engine parts, stores them in a warehouse, then ships them to customers worldwide. Stock Throughput Insurance covers all stages under one policy.

What it is:
Insurance that protects freight forwarders against risks like cargo damage, delays, and legal liability during the shipping process.

Why it’s useful:
Freight forwarders handle goods they don’t own, often across borders. This insurance helps cover mistakes, damage, or losses they could be held responsible for.

Good for what companies:

• Freight forwarders (air, sea, road)
• Logistics providers managing third-party shipments
• Aviation freight specialists

Example usage:
A freight forwarder arranges a shipment of aircraft parts that gets damaged in transit. Even though they don’t own the cargo, they’re liable — this insurance helps cover the loss and legal costs.

Hangar keepers’ insurance is a type of liability coverage that protects businesses storing non-owned aircraft in their care, custody, or control, typically while housed in a hangar. It covers damages to these aircraft caused by events like fire, theft, or negligence while on the insured’s premises.

What it is: Covers you if you’re taking care of someone else’s plane or parts and something goes wrong.

Why it’s useful: If damage happens while it’s in your care, this insurance saves you from footing the bill.

What it is:
Covers you if a part you made or sold causes an accident or damage.

Why it matters:
Protects against lawsuits, legal costs, and payouts if something goes wrong with your product.

Who needs it:

• Parts makers
• Maintenance companies
• Aviation tech providers

Example:
A faulty part you supplied causes a crash landing — this insurance has your back.

What it is:
Insurance that covers accidents or injuries that happen on your business property.

Why it’s useful:
If someone slips, trips, or gets hurt while on your premises, this helps cover legal and medical costs.

Good for what companies:

• MROs (Maintenance, Repair & Overhaul)
• Warehouses & logistics hubs
• Parts suppliers with physical locations
• Aviation offices or facilities

Example usage:
A delivery driver slips on an oil spill in your hangar and gets injured — this insurance covers their medical bills and any legal claims.

What it is:
Covers accidents or damage caused by your operations in airport airside areas (like runways, taxiways, or ramps).

Why it’s useful:
Airside zones are high-risk. If your vehicles, staff, or equipment cause damage or injury there, this insurance protects you from big financial claims.

Good for what companies:

• Ground handling services
• MROs operating on airports
• Logistics companies with airside access
• Aircraft refuellers and cleaning crews

Example usage:
Your ground crew’s vehicle hits a parked aircraft while on the tarmac — this insurance covers the repair costs and any liability.

What it is: Insurance for physical damage to an aircraft (the actual plane).

Why it’s useful: Planes are expensive. This helps if one gets damaged or destroyed.

Think of it like: Car insurance, but for planes.

What it is:
A financing solution that lets suppliers get paid faster while giving buyers more time to pay — usually arranged through a third-party funder.

Why it’s useful:
It improves cash flow for both sides: suppliers get early payment, and buyers hold onto cash longer without straining the relationship.

Good for what companies:

• Aviation parts suppliers
• MROs with long customer payment cycles
• Distributors working with large OEMs or airlines
• Any company needing better cash flow in the supply chain

Example usage:
An MRO orders $500K in parts but wants 90 days to pay. The supplier gets paid immediately by a finance provider, while the MRO pays later — both win.

What it is:
Loans specifically designed to help aviation businesses purchase or refinance commercial properties like hangars, maintenance facilities, or warehouses.

Why it’s useful:
Allows companies to own their operational space instead of leasing, building long-term value and often reducing costs over time.

Good for what companies:

• MROs (Maintenance, Repair & Overhaul providers)
• Aircraft storage and parking facilities
• Parts distributors with warehouses
• Flight schools or FBOs (Fixed Base Operators)

Example usage:
An MRO wants to buy the hangar it’s been renting. A commercial property mortgage helps them finance the purchase and invest in their long-term base of operations.