VB Bind Speed
Specialty
VB Bind Speed provides brokers online access to quote, bind and instantly obtain full policies for eligible Pleasure & Business accounts. Once a policy is bound, brokers can access VB Bind Speed’s advanced Service Policy capabilities to:

  • Instantly generate a broad variety of certificates and associated endorsements
  • Easily make routine policy changes, including adding and deleting pilots/aircraft, changing coverage, and auto-generation of associated endorsements
  • Access an easy-to-view dashboard of relevant policyholder information, including full data on aircraft, pilots, limits and a complete repository of all policy documents
  • Process cancellations or renewals

Product details

Capacity

Benefit through the significant coverage advantages of our P&B policy:

  • Extra Expense for Renting Substitute Aircraft
  • Hangarkeepers Liability
  • Sale of Aircraft and Aircraft Products and Services
  • Property Damage to Hangars and their Contents
  • Non-Owned Aircraft Physical Damage
  • Extra Expense of Temporary Replacement Aircraft Parts
  • Trip Interruption Expense
  • Baggage and Personal Effects
  • Physical Damage to Spare Engines
  • Host Liquor Liability
  • Mobile Equipment Liability
  • Search and Rescue Expense
  • Runway or Aircraft Foaming Expense
  • Emergency or Unexpected Landing Expense

Client Profiles

  • Broad appetite - most single and multi-engine piston aircraft up to 6 seats manufactured back to 1960
  • Hull values up to $500,000 and as low as $15,000

Benefits & Services

We know that there are other P&B systems that you can use, but we believe that no one can match our winning combination of:

  • Direct access to AeroQuote
  • Instant policy servicing options
  • User-friendly design
  • Broad coverage form with wide variety of supplemental coverages
  • Limits options up to $1M CSL or $2M/$250K

This general product description is informational only. It is neither an offer to sell nor a solicitation to purchase any particular insurance product. Products are subject to legal and underwriting requirements. Coverages may not be available in all jurisdictions, including without limitation any jurisdiction within the United States, and may be available only through appropriately licensed producers. In addition, GAPS’s provision of publications or services is not an indication of the existence or availability under any policy of coverage for any particular property or type of loss or damage. Policies underwritten from Bermuda, Brazil, Canada, China, Mexico, Switzerland, or written by XL Insurance Company SE are only available through non US-based brokers. The Insurance companies of XL Group Ltd are: Catlin Insurance Company, Inc., Catlin Indemnity Company, Catlin Specialty Insurance Company, Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company, XL Bermuda Ltd, XL Insurance Company SE, XL Insurance Switzerland Ltd, XL Insurance (China) Company Limited, XL Seguros Brasil S.A. and XL Insurance Mexico SA de CV. Coverages placed with Lloyd’s Syndicate #2003 are managed by Catlin Underwriting Agencies Limited and supported by XL Catlin corporate capital. Additional important information regarding our business is provided on our Legal Notices page.

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