NIFA requests that each school submit a copy of an insurance certificate. We would like the certificate to include the entire time period your team and aircraft are at KJVL for SAFECON. Please email a PDF copy to taylor.newman@nifa.aero. If you would rather mail a paper copy, coordinate with Taylor Newman (https://nifa.aero/nifa/contact-us/).
All participating schools shall maintain an aircraft physical damage and liability insurance (occurrence based coverage) policy. With regard to aircraft liability coverage, participating schools shall maintain a liability limit with respect to each claim or occurrence of no less than USD $5,000,000.
Participating schools agree to provide NIFA with a copy of Certificates of Insurance, evidencing said aircraft hull and liability insurance coverage for aircraft to be utilized in the competition with a financially sound aviation insurance company. With regard to aircraft liability coverage, “NIFA, its employees and the NIFA Council” shall be included as an Additional Insured. If a participating school is unable to name NIFA as additional insureds in its policy, the participating school will provide NIFA an indemnity (in writing) backed by insurance.
Summary of specific items:
- Certificate Addresses: “NIFA, its employees and the NIFA Council”
- Naming NIFA as an Additional Insured
- A provision waiving subrogation. Sample language: Each party further agrees that such insurance carried by either of them shall contain a clause whereby the insurance company waives its right of subrogation against the other party.
- Liability limit of USD $5,000,000
