Sender: <marv@lancaironline.net> (Marvin Kaye)
To: lml@lancaironline.net
Date: Mon, 10 May 2004 11:38:08 -0400
Message-ID: <redirect-3224675@logan.com>
From: "Christopher Zavatson" <Christopher.Zavatson@udlp.com>
Subject: Re: Insurance, having ducks in a row
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"Even though the engine broke a crank and his
medical condition, or lack thereof, had no bearing on the cause of the
loss, the GII pilot still took a 100k hit. AVEMCO was the company if I
recall correctly."

I sat in on a forum at Arlington given by an Avemco representative on the =
topic of claims denial.  A few of the key points I took away from the =
session were:
1.  A very, very small number of claims are ever denied.
2.  Most denials are the results of fraudulent insurance applications or =
claim submissions.
3.  Breaking a FAR does not automatically lead to a denial unless the FAR =
violation was the direct cause of the accident.
Examples of #2 above would be insurance being purchased after the damage =
had already occurred.  Falsifying and application can also be claiming to =
have current Annual, BFR or Medical when the coverage is acquired or =
renewed.  Letting any three of these lapse during the following year is =
not cause for automatic claim denial, but stating that they are current on =
an application when they are not is considered fraud and is a big deal.=20
It was a very informative forum.

Chris Zavatson
N91CZ
360 std