I have my CFI but make a living as an engineer. I am going to do some CFI work. What is best way to protect personal assets with respect to liability as CFI for students.
1. Flight instruction company for aircraft used has insurance for liability of PIC and students.
2. I have a corporation that exists that protects against lawsuits to my personal assets. I have read articles by attorneys that say that judges will favor piercing that corporate vail if it is only used to protect personal assets.
3. CFI insurance.
Thanks,
Check Six.
1. Flight instruction company for aircraft used has insurance for liability of PIC and students.
2. I have a corporation that exists that protects against lawsuits to my personal assets. I have read articles by attorneys that say that judges will favor piercing that corporate vail if it is only used to protect personal assets.
3. CFI insurance.
Thanks,
Check Six.