Deficiency and net realised loss cover

Providing coverage usually on a pool of quality aircraft assets, whereby after default by a lessee, and the successful repossession, the value of the asset is realised through a sale. The insurance pays any shortfall created on the sale, being the difference between the outstanding debt owed to the lender and the net amount realised through the sale of the asset.

For more information please contact broker@amspitman.com.