New NAFI insurance option available for CFIs

January 5, 2012

Flight instructors who instruct in aircraft they don’t own have a new insurance option from the National Association of Flight Instructors (NAFI) and Avemco Insurance Co. The two organizations announced the NAFI CFI Insurance Program on Jan. 1.

NAFI Executive Director Jason Blair said the plan would apply to the overwhelming majority of the association’s 4,000 members who teach in non-owned aircraft. He pointed out a highlight of the plan was professional liability for instructors that includes coverage for liability claims from past instruction given as long as the instructor has a current policy. A change from the previous policy NAFI offered is that now instructors can select the type of aircraft for which they want coverage, like single- or multiengine land, seaplane, experimental, and light sport aircraft. It also offers 19 limit options for aircraft damage liability coverage and up to 10 percent annual premium credit with the Avemco Safety Rewards Program, according to a joint NAFI-Avemco announcement.

Blair said that the program is available in most states; however, it is still pending approval in Minnesota, California, and New York. He said that NAFI members in that state could purchase an Avemco policy and then transfer to the NAFI program once it is approved in that state. NAFI members can contact Avemco for policy details and rates.

Other businesses and organizations, including AOPA, also offer CFI insurance.