Policy Maximise your cash flow by managing your fleet groundings

Join our exclusive BoxAir® system with the dedicated IMS insurance management interface (with the same base rates as a conventional policy).

• Pay 70% of the flight premium with the individual pilot option
• Aeroplane or helicopter on the ground between two flights at a rate to 40% of the reduced flight and civil liability premium
• The next quarter, automatic adjustment of the consumption of flying days, but only if the threshold of 70% is exceeded
• Up to 30% saving for the whole fleet compared to a conventional policy !
• Policyholder dividends or non-claims discounts are included from the start of the policy, so there are acquired, even in the event of a claim !
• Splitting optional

The BoxAir® policy is exclusive to Gritchen Aéronautique, created in partnership with a leading French company, and corresponds to all possible uses by helicopter or aeroplane operators.

Policy operating principle :

Your aircraft is located on the ground between two flight periods, so the reduced premiums apply.
When your aircraft flies, it is automatically placed in the flight position without a prior declaration, and billing corresponding to the proportion of the difference between the in-flight premium and the on the ground premium is established on the day, the next quarter, if the threshold of 70% of the premium already paid is exceeded.
Therefore, this system eliminates the excesses calculated in days of conventional policies, and allows you, as a decision maker, to maximise your helicopter or aeroplane fleet groundings.

Simplified diagram of the policy on a 100 base

Premiums component :

• Reference premium in flight cover : 100
• Reference premium on the ground cover : 40
• Adjustment premium per flying day : 0.274 = (40/365) + (100-40)/365)

Accounting component :

• Minimum premium amount: 70
• Biannual adjustment only if consumption exceeds 70 : ((40 + (0.164 x no. of days))
• Subscription : 2.5 (amortised in 12 days on the ground)
• Splitting optional