Saturday, June 21, 2008
Aviation Insurance
Aviation Insurance was first introduced in the early years of the 20th Century. It is not known who wrote the very first aviation insurance policy though there is evidence that early aviators did purchase limited amounts of coverage.In 1929 the Warsaw convention was signed. The convention was an agreement to establish terms, conditions and limitations of liability for carriage by air, this was the first recognition of the airline industry as we know it today.
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