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Thank you for your interest in our Pay-By-The-Hour Insurance Plan. We are proud to present
the first and only internet based Pay-By-The-Hour insurance product in the industry.
Phoenix Aviation Managers in partnership with MyFBO.com, a leading software company
for managing general aviation, has created a unique program to help our many commercial
customers who are feeling the pinch of the current economic downturn. We not only
want to provide our customers with the right insurance program to help them succeed
but a product that helps them run their business more efficiently. Our Pay-By-The-Hour
plan allows the aircraft insurance premium to fluctuate monthly with the hour
utilization of each aircraft but will not exceed the annual
premium. This changes the current method of
paying by the month regardless of hours flown. In this way, the insurance
premium will be lower in those months when flying hours are down (bad weather, maintenance,
fewer students) and higher when the flying hours are up with the corresponding increase
in revenue. This program may not be for every customer but it will add flexibility
to those customers whose flying hours fluctuate from month to month.
Plan Advantages
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Reduced monthly
insurance payments when your flying hours are down - a payment plan in sync with cash flow.
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Built in protection from having to make the same full insurance payments if any
unforeseen events keep your fleet grounded.
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Automatic lay-ups without ever having to call your agent or broker or reduce coverage - and no minimum lay-up period.
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Ease of managing your insurance reporting by automatically generated and emailed reports.
Interested in Pay-By-The-Hour

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