The drone industry is expanding exponentially, with the South African market growing at a CAGR of over 22%.
Drones are being employed in crop spraying, inspections, search and rescue, forest fire detection, photography, videography, security, surveillance, mapping, and much more.
As their use increases, so do the risks. With models varying in price from tens of thousands to over a million rand, it’s clear why insurance is essential for those who make a living by operating drones.
Whilst they’re often not covered while in use, owing to their high level of risk, Graham Silva Insurance has secured a policy that covers drone operators for:
- Loss or damage in flight and in transit
- Replacement parts/spare parts
- Loss of data kept on the drone
- Third party liability
- Personal accident cover (anything that may prevent you from flying your drone)
RPL
This cover is subject to you having a Remote Pilot Licence.