ACORD 20 Insurance Form – Aviation Liability Certificate PDF
ACORD 20
Certificate of Aviation Liability Insurance
|
Form Number: |
ACORD 20 (2016/03) |
|
Category: |
Property & Casualty |
|
Last Updated: |
March 2016 |
|
Page Count: |
2 pages |
|
File Format: |
PDF, Fillable PDF |
ACORD 20 Form
An Acord 20 form is a legal document and serves as proof that the policyholder has enough aviation liability coverage. Aircraft owners, charter companies, flight schools, and aviation businesses often use it to certify aviation liability insurance coverage. It ensures transparent communication between the insurance carrier, regulatory bodies, and clients. It protects from legal disputes arising from the loss of others’ property due to an unforeseen incident.
Form Preview
Benefits Of Accord 20
Ensure Legal Protection
This form protects the policyholder from legal consequences, including fines, imprisonment, or both, in the event of an unforeseen accident.
Streamlines Documentations
It contains all key sections, including coverage limits, effective date, policy terms, and liability details that help avoid submitting a full insurance policy.
Fulfill Requirements
This form fulfills the requirements for airshows, leasing aircraft, maintenance, and fueling to certify enough aviation liability insurance coverage.
Official Proof of Aviation Liability Coverage
The form acts as a standardized document across the aviation industry, ensuring valid liability insurance coverage exists.
Key Sections of the Acord 20 Fillable Form
Producer Information
Maintain records of the producer, including name, contact number, and email address.
Insured Details
Contains additional insured details, including name, percentage, and NAIC number.
Airport and FBO Liability Coverage
Proper documents for policy number, effective and expiration date, coverage types, and premium limits.
Remarks
Contains a detailed description and remarks related to aviation.
Liability Coverage
Maintains the record of private hangar, aviation products, and other liability coverage.
Authorize Signature
Includes the certificate holder details, cancellation clause, and authorized representative signature.
How to Complete Acord 20 Aviation Form
- Write the date and the producer’s complete information as mentioned.
- Write the insured data, including name, address, contact number, and additional insured details.
- Provide the insurance policy information and the types of liability limits.
- Write the description of operations.
- Mention the producer details, cancellation clause, and representative signatures.
- Write the private hangar, aviation products, and other liability details (if have).
Frequently Asked Questions
Related Forms
ACORD 3
Property Loss Notice
Standardized form for reporting property losses or damages
ACORD 4
Workers Compensation
Used to report a work-related injury or illness
ACORD 21
Certificate of Aircraft Insurance
Standardized form used for reporting aircraft insurance coverage