In May 2005 European regulation was introduced making it mandatory for all aircraft to meet minimum levels of liability insurance, something which was not compulsory in all areas of general aviation to that point.
The precise minimum amount of cover required is dependent upon two factors: how many people the aircraft can carry and the 'Maximum Take-Off Mass' (MTOM) of the aircraft. This is the maximum gross weight of the aircraft in any configuration. We would recommend all two seat gliders and motorgliders still have the B.G.A.'s previous mandatory limit of £2,000,000 combined liability cover and all single-seaters with MTOM 499kgs or less still have at least £1,000,000. In today's world you should also consider whether a higher limit of up to £2,000,000 might offer more peace of mind. Single-seaters of 500kgs or higher currently require nearer £1,500,000 of cover to comply with the European regulation. As this amount varies with the exchange rates we allow for any fluctuations in the requirement over time by offering £1,750,000 for those aircraft affected but again a higher limit of £2,000,000 is worth considering.
If you would like to discuss the limits required or the cost of increasing your liability limits please contact us.