Featured today on Aero News TV, see Cirrus Chairman of the Board, Dale Klapmeier, explain key insurance policy changes implemented as a result of the unique Cirrus safety feature, the Cirrus Airframe Parachute System (CAPSTM).
In this feature, Greg Sterling, Vice President and Division Manager of LAD, one of the companies to change their insurance policy, explained the decision by stating, “In the interest of aviation safety, we want to eliminate any chance that a pilot might hesitate in deploying the recovery parachute in an emergency because of insurance or financial implications.”
See the feature here.