What:
SkyWatch is the first to offer not only annual and monthly options but also weekly and daily plans, better-enabling pilots to pay only for their time in the sky.
Why:
Most pilots across the US are renters, which means that flying in an irregular and spontaneous fashion is common. However, available insurance policies run on a yearly or monthly basis, so many of these pilots end up paying insurance costs even when they are not flying.
How:
- A usage-based insurance product for rented light aircraft that offers yearly, monthly, weekly, and daily coverage options.
- SkyWatch will distribute the product – available in most US states – directly to pilots and via select partners, while Global Aerospace will provide underwriting expertise and prompt claims handling.