April 1999 - American Bonanza Society

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InsuranceBY JOHN ALLEN, PRESIDENTFALCON INSURANCEA defective aircrafttitle may createclaim problemsAn estimated 30 to 40 percent of theclaims settled on a total loss basis havesome title defect that creates delays inthe settlement of the claim. Often thedefect is created by a title that has neverbeen cleared by the lienholder, despite ithaving been paid off. This is especia llytrue if the lienholder does not special izein aviation loans and is not familiar withFAA procedures. With so many bankmergers and consolidations, it also canbecome difficult or impossible to clearan old lien. It is important that these liensbe cleared so that payment may be madeto the correct lienholder and the insured.An insurer will require that an aircrafthas a clear title for at least two reasons:First and forem ost, the company willwant to know who the rightful owner is.No company will want to be put in theposition of paying a claim twice. Thiscould happen if the insurer issues theclaim check in the wrong name or leavesoff the name of some party who has aninterest in the aircraft. Secondly, the insurancecompany wi II want to know theyhave a clear title to any salvage on theaircraft. Without a clear title, the salvagevalue wi ll be diminished.Another major problem arises withtitles that are in conflict with the nameof the insured on the policy. If the titledoes not match the named insured underthe policy, it can create a delay in gettinga claim check issued. Further, it is normallydesirable to issue the insurancepolicy in the same name that the aircraftis registered with the FAA. This wi ll alsoavoid the problem of omitting an ownerof an aircraft as an insured. Thi s couldcause the owner to lose his or her protectionunder both the hull and the li abilitysection of the policy. However, it mustbe remembered that the named insuredunder the policy is required to prove aninsurable interest in the aircraft at thetime of the loss. If an additional insuredor leased aircraft endorsement is required,it can normally be added to thepolicy with no additional charge.The best way to avoid these pitfalls isto use a reputable and experienced titleservice firm to perform an FAA titlesearch prior to the purchase of the aircraft.Many of the ABS members whodo not require a lien to be placed on theiraircraft forget this step as it is normally arequirement by a lienholder.If old liens are found, they should becleared prior to the completion of thesale. It is important that your insurancerepresentative be advised of the exactname of the owner of the aircraft and beadvised of the type of entity such as individual,partnership or corporation.Good communication with your insurancerepresentative on these issues willavoid delays and confusion at the time aclaim check is being issued. If you needthe name of a title company service,please contact yo ur ABS representativeat Falcon.Falcon Insurance is the agency for the officialABS insurance program. John Allen maybe reached at 1-800-259·4AB5 (4227).Pen and ink drawingof a B58 Baron byABS member RayWalker, McAllen,Texas.Page 5654ABS Apri l 1999
The ABS Company Store Order FormAMER ICAN OONANZA SOCIETy YIDFO SPrenight ........................................ .....$ 20.00Instrument Flying Video, Flying by fhe Number:>by John Eckallxlr.... ..... ........ 48.50nppp Highlights Video (Approx. 80 min.)............. 11 9.00Sen ' ice C linic Highlights Video by Nonn Colvin . 62.50Owner Perrormed Maintenance ..... 62.50C heckMale Check Lisls 0 Bonanza 15.00; 0 Baron 17.00ModelScrial#.-:-:---,-____ _T HE AUS l .mRARy COLLECTIONZ- Ed. CO·ROM Reference Libmry. 32 years of ABS magazines-- PLUS Summit Aviation Infobases! Great search ene:ine! ... 84.00OR. swap your original ABS CD (CD must accompany payment).. 15.00Magazine 3·Ring Hinder 0 White: 0 Grey;............. 7.00Col vin's Clinic by Noml Col vin. A unique collection ofsolutions to maintenance problem~. ................... 39.95.. "lying the Beech Bonanza, 2 Ed. by John C. Eckalbar 38.50Flying Hi gh Performance S ingles a nd Twinsby John C. Eckalbar.. . ...................... .The Immortal Twin Beech by Larry A. Ball ..From Tnn'el Air To Barun ...How Det!ch Created A Classic! by Larry A. Ball ..Those Incomparable Bonan7.3s by Larry Ball ........ .They Called Me Mr. Bonanza by Larry BallOFfICI Al, Al!S MEMQR ARII IANEW! ABS Mousepads: attractive. durable. nonskid pads38.5039.9539.9539.9539.95with the ABS logo.. ........................ . ... 12.50with a piclUre of your plane ........................................... 22.50(For per:>onali:ed pad, send a prim photo)Lapel Pins: 0 V·Tail: 0 Straight Tail: 0 Baron .. 5.00ABS Pa tch ........................ .................... 3.50Official Luggage Tags.......... 1.50 each (3/S4.00)ADS Walch: 0 Ladies; 0 Men.... 35.00Ba ll Caps. Navy with leather bill. ... ................. 18.00White with navy bill ................... 12.00Hl anket/Tute, brown/beigc waterproof polarfleecc. 35.00Umbrellas. wI ASS logo: 0 blue: 0 blue/wh ite striped. 20.00l\1llliSAilS Logo 0 ASF Logo 0 . ..................... ................o White. red, blue; 0 Dark Bl ue. Gold: 0 Black. Gold10.00Addition of N number, model of airplane. plus your name 2.00QI).Price_. .s._'- '......... . _~ II-_., ..Personalizeyour ASS mousepadwith a photo of your plane!(SPECIFY I~FORMATIO"" FOR MUG)A DS ATIIRFDenim Short Slccn Shirtso Lt. Stone; 0 Blue Denim: 0 Forest Green; 0 Rhubarb Red:O S;OM;OL;OXL;OXXL ................................. 35.00Oenim Long Sleeve Shirtso Lt. Stone: 0 Blue Denim: 0 Forest Green: 0 Rhubarb Red:OS; O M ; O L; 0 XL; 0 XXL 42.00Two·Tuned Shirts : 0 M : 0 L: 0 XL: 0 XXL..o Green/Gray; 0 Cr.mben)'/Gray48.503 Color Polo Shirts: 0 M; 0 L: 0 XL ...... . 48.50Golr Shl,\S; OS; O M; O L ; O XL; OXXL ....... 27.00o White: 0 Lt. Blue; 0 Navy: 0 Red: 0 GreenAn s T ·Shirts: indicate size (M, L, XL, XXL)• "Old is Gold" logo. maroon wlgold design .. sizc_ 18.00• "Ay Straight"" logo. purple w/silver design size_ 18.00• V-tail nose, cream w/navy design sizc_ 15.00• " Barons are a Blast!" logo, denim bluew/red/white design size_ 15.00• White wlsmall navy ABS logo left fron! size 10.00Umired • Youth White Tee: 0 2-4: 0 6-8: 0 10- 12: 0 14-16 8.00QUQmiry ASS Jackel: 0 M: 0 L: 0 XL; 0 XXL .45.00o Spruce: 0 Tan (also in small): 0 Navy (small only).U.S. Postage & handling - Add $5.00 $: ____ _Foreign postage as required $: ____ _TOTAL $,,,,,,,~~=American Bonanza Society • P.O. Dox 12888 • Wichita. KS 67277PH; 3 16·945· 1700 • FAX: 316·945· 1710Please bill: 0 VISA 0 MasterCard or 0 Check enclosed for $, _____I I I I I-I I I I I-I I I I I-I I I I IExp. d"e __~ ame : _________ ______ ABS "_____Address: _ _ ________ _____________City: ___ __________ _ Statc: __ Zip, _____
Page 4: APRIL 1999~(ISSN 0161-3545)Publishe
Page 8 and 9: Which communicationsradios are obso
Page 10 and 11: over the years is more critical to
Page 12 and 13: plished, buying a foreign registere
Page 14 and 15: Debonair 1-Vulture 0 ... but no win
Page 16 and 17: A good trend:How to mon itoryour ai
Page 18 and 19: Weight & Balance Calculations-NOT T
Page 22 and 23: A couple of thank you'sFirst and fr
Page 24 and 25: coordinator were removed.)The Model
Page 26 and 27: AvionicsBY JIM HUGHESW.hy you can't
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Page 30 and 31: ISSUE: We found the throttle safety
Page 32 and 33: 534372-99 for my plane) and then re
Page 34 and 35: was done, there were two large dis-
Page 36 and 37: LEESBURG. VIRGINIA, HAS MANY GREAT
Page 38: C a I e n d a rAMERICAN BONANZA SOC

April 1999 - American Bonanza Society

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