In Hangarkeepers' liability coverage, the per occurrence limit applies to losses from which?

• A. A single occurrence
• B. All aircraft
• C. A single flight
• D. Per aircraft

Answer: (A)

The main idea here is that the per occurrence limit in hangarkeepers liability is the cap for losses resulting from a single event. Hangarkeepers coverage handles damage to customers’ aircraft while they’re in the insured’s custody, so a single incident—such as a fire, storm, or other event that damages one or more airplanes—constitutes one occurrence. The insurer will pay up to that limit for all losses that arise from that one occurrence, even if multiple aircraft are affected. It’s not applied per aircraft or per flight; those would be separate concepts. If another distinct incident happens later, it would have its own per occurrence limit, subject to the policy’s aggregate limits as applicable.