Aviation Insurance is a accident insurance for flight passengers. It covers your flight journey and ensures your security if any damage happen to the aircraft. More details: http://www.trueinsurance.com.au/cheap-travel-insurance/

1. What is Aviation
Insurance
Author- Jack Smith

2. In this fast moving technological world, people enjoy holidays and
travelling. But, as the world is moving fast, the technologies have also
created insecurities. Hence, to cope up with the insecurities, insurance
played a vital role. Example: Racing bikes lead to accidents and insurance
covers the expenses.
Travelling is the part of life and the fastest mode of travelling with luxury
is by air mode. While the latest incident of the MH370 flight (Malaysia)
shook the people. The very next question to debris and death is, were the
people Insured? In the latest incident of MH370 flight the declaration of
The Life Insurance Association of Malaysia has announced that 47
passengers from 50 Malaysian passengers on board, to the ill-fated
Flight MH 370, we're insured.
Insurance talks about a security to life or a compensation to the family,
who lost the dear one. In many cases, people lose the one, who is the only
earning person in the family. In such cases, insurance-policy has
supported the family, in tacking the expense, and also helps in
recovering.
Travel cover is a policy which insures the individual, as well as the
property; he is carrying with him like: documents, luggage, pets,
emergency medical cover, cancellation or flight delay... Some companies
even cover terrorism and adventure sport extension.
Now talking about aviation insurance besides travel insurance, it
consists of:

3. (a) Insurance included in ticket, we buy, and the Aircraft insurance:
While buying a ticket, the amount around 5% of the ticket cost, includes
the policy charge which is actually a kind of liability insurance to the
aircraft company. According to this policy, Airline Company is bound to
compensate, to the passengers, if any misfortune brings injury or death
(the airline is held responsible). The above comes under Aircraft
insurance-plan.
Case of Claim: The claim included in the ticket, is paid by the insurance
company to the airline company. Further the airline company pays the
amount of passenger.
(b) Aviation personal accident insurance:
Aviation insurance is a type of, commercial cover for air passengers. Its
coverage starts from the first steps of the passenger into the aircraft
cabin (of the boarding place), and covers till the passenger walks out of
the cabin door at the destination. It also includes, the damage in case of
any aircraft accident resulting in the insured’s death or disability.
Although, we are covered in tickets with the cover, but the personal
travel accident insurance in case of death is a big compensatory
support to our dear ones. The one who is dead can never come back, but
by additional cover one can provide maximum support for the family,
even after death.