Aircraft Insurance provides liability and property coverage for planes and other aircrafts. Aircraft insurance can be purchased for various types of aircrafts, including standard planes, private jets, helicopters, and seaplanes. While aircraft insurance usually covers the repair or replacement of damaged aircraft and parts, aviation accident insurance will cover liability claims for injury or loss of life. Albsig offers different levels of coverage depending on whether the aircraft is used for pleasure or commercial purposes. An aviation business may need coverage if it offers flight training services. A company may also purchase insurance for its fleet of planes, etc.