To: RoosterRedux
“I figured out how Trump would get around parents signing releases.
He would get his aircraft insurance company to indemnify him for any losses.
He probably already has a policy in place”
Most aircraft owners have both hull and liability insurance. Parents cannot sign binding releases regarding liability. You can’t take away a minor’s rights. I know, it happens, but it won’t hold up in court.
No, you can’t get an insurance company to indemnify you against any loss. Example: You drive your car into a crowd of people. The insurance will pay the injured the limits of the policy, but the injured can sue you for their medical bills, pain and suffering, etc.
To: CFIIIMEIATP737
So what is the answer? Trump is going ahead with his plan...and you and I can be assured his liability is limited.
98 posted on
08/14/2015 3:37:02 PM PDT by
RoosterRedux
(Trump's ISIS policy: Kick their ass. Take their gas.)
To: CFIIIMEIATP737
Someone will and can write an indemnification policy for anything. It's called a contract.
Perfectly legal and binding.
I appreciate your expertise in this area...enlighten us.
99 posted on
08/14/2015 3:40:41 PM PDT by
RoosterRedux
(Trump's ISIS policy: Kick their ass. Take their gas.)
To: CFIIIMEIATP737
No, you cant get an insurance company to indemnify you against any loss. Example: You drive your car into a crowd of people. The insurance will pay the injured the limits of the policy, but the injured can sue you for their medical bills, pain and suffering, etc.That is because that insurance policy has defined limits of liability.
100 posted on
08/14/2015 3:43:29 PM PDT by
RoosterRedux
(Trump's ISIS policy: Kick their ass. Take their gas.)
To: CFIIIMEIATP737
You seem to know this area of business...enlighten us and not just blow us off.
If you are a specialist in this area, inform us...just don't try to show your superiority.
101 posted on
08/14/2015 3:46:05 PM PDT by
RoosterRedux
(Trump's ISIS policy: Kick their ass. Take their gas.)
To: CFIIIMEIATP737
Hey man...where are you? Did you go on break?
104 posted on
08/14/2015 4:33:07 PM PDT by
RoosterRedux
(Trump's ISIS policy: Kick their ass. Take their gas.)
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