Agreed value
Hull cover at agreed value is a number, not a market quote
Exclusive BX Meridian memo on an aircraft hull policy: the figure, the condition, and the instruction.
Hulls
Aircraft, yacht, and hull cover, and the exclusion under the premium.
Yachts
A yacht hull policy has to know the cruising area
Exclusive BX Meridian memo on a yacht hull and machinery policy: the figure, the condition, and the instruction.
War
Hull war risk is a separate map and a separate premium
Exclusive BX Meridian memo on a hull war-risk policy: the figure, the condition, and the instruction.
Passengers
Passenger liability is not included just because the hull is
Exclusive BX Meridian memo on a passenger liability limit: the figure, the condition, and the instruction.
Hangars
Hangarkeepers liability covers other people's aircraft
Exclusive BX Meridian memo on a hangarkeepers policy: the figure, the condition, and the instruction.
Deductible
A hull deductible is paid before the insurer is
Exclusive BX Meridian memo on a hull deductible: the figure, the condition, and the instruction.
Total loss
A constructive total loss is a calculation
Exclusive BX Meridian memo on a constructive total loss clause: the figure, the condition, and the instruction.
Crew
A crew warranty is a condition of the yacht policy
Exclusive BX Meridian memo on a professional crew warranty: the figure, the condition, and the instruction.
Spares
Spares are insured only if they are scheduled
Exclusive BX Meridian memo on a spares schedule: the figure, the condition, and the instruction.
Lenders
The lender wants to be on the hull policy
Exclusive BX Meridian memo on a breach of warranty endorsement: the figure, the condition, and the instruction.