Space
Starr Aviation’s Space team provides coverage for the simple to the most complex of Aerospace risks. Our team uses technical analysis, market experience and extensive knowledge to provide unparalleled security, performance and protection for your business.
Starr is a worldwide leader in aviation insurance solutions, tailored to meet the unique needs of the aviation and aerospace industry.
Space Line
- Launch plus In-Orbit Risks: Coverage for the physical damage to the spacecraft and launch system. Launch coverage ranges from initial ignition of the launch vehicle until spacecraft separation. Post separation coverage provides insurance for orbital slot positioning, deployments and spacecraft testing. Periods typically range from launch flight only up to 12 months In-Orbit Coverage.
- In-Orbit Coverage: Protects against the risk of a complete or partial failure of the satellite while operating in space.
- Transponder Coverage: Provides protection against the loss of one or more transponders being used on an operating satellite.
- Satellite Incentive Coverage: Protects satellite manufacturers against loss of incentive payments due to lack of guaranteed performance of a satellite.
- Launch Risk Guarantee: Provides for full (or partial) cost of another launching if the satellite fails to reach its intended orbit, is destroyed or if its functions are impaired resulting from a launch vehicle malfunction.
- Space Third-Party Legal Liability: Provides launch agencies and satellite owners with liability coverage in respect of bodily injury and/or property damage arising from launch vehicle and/or satellite malfunctions.
Preferred Sector
- Telecommunications, Satellite Radio, Infrared Systems, Imaging Satellites, Data and Mobile Constellations, Launch Services Providers, Satellite Manufacturers, Defense Departments and Governmental Agencies
Capacity
- $35M any one Spacecraft or Launch Vehicle
- 20% of limits for Space Third-Party Legal Liability
Carrier
- Starr Indemnity & Liability Company “A” Rated by A.M. Best
- CVS 1919 “A+” Rated by Lloyd’s
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