Pre-launch insurance provides coverage for loss or physical damage to space assets (e.g. Payload, Launch Vehicle, Ground Support Equipment) during the pre-launch phase.

A nominal pre-launch phase is triggered upon transit to the launch site from manufacturer's premises, applies through system assembly, integration & test, and terminates at intentional ignition of rocket motors (T - 0) where the launch can no longer be aborted.

Launch insurance is coverage for malfunction or damage to space assets during the launch phase. The launch phase is triggered by intentional ignition of the rocket motors ( T - 0 ), which nominally terminates at payload separation.

Third Party Liability Coverage protects against public injury, loss, or property damage resulting from launch-related activity.

In-orbit coverage protects against the partial or complete failure of

the satellite during the intended operational life of the satellite.