Insurances

Insurance requirements for air carriers and aircraft operators are regulated by Regulation (EC) No 785/2004 of the European parliament and the Council. The regulation signifies insurance requirements with reference to passengers, baggage, cargo and third parties.

The insurance shall include acts of war, terrorism, hijacking, acts of sabotage, unlawful seizure of aircraft and civil commotion. These requirements cover both commercial and private operators.

Regarding insurance for risks in connection with acts of war and terrorism, the regulation makes an exception for some aircraft, for example State aircraft, aircraft (including gliders) with an Maximum Take-off Mass (MTOM) of less than 500 kg and microlights (article 2.2 in the regulation).

Proof of valid insurance is required

Air carriers and aircraft operators are required to demonstrate compliance with the insurance requirements. This can be done by depositing an insurance certificate, or other evidence of a valid insurance, with the Swedish Transport Agency.

A valid certificate of insurance shall be attached to the application for registration and change of ownership of aircraft. This is true for both final and interim registrations. The certificate shall show the Swedish registration mark and that the insurance complies with the requirements made in Regulation (EC) No 785/2004. The insurance company must be approved by Finansinspektionen. It is sufficient to send a certified true copy of the insurance certificate to the Swedish Transport Agency.

The obligation to provide evidence of a valid insurance remains with the insured.

Read Regulation (EC) No 785/2004 of the European Parliament and of the Council on insurance requirements for air carriers and aircraft operators.

Read Commission regulation (EU) No 285/2010 amending Regulation (EC) No 785/2004 of the European Parliament and of the Council on insurance requirements for air carriers and aircraft operators.

Related information:
Finansinspektionen (english version)