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Satellite insurance is a fairly big industry. The owner of the satellite being launched is responsible for getting said insurance against the satellite. This ca
by dr_orpheus 7y ago
Satellite insurance is a fairly big industry. The owner of the satellite being launched is responsible for getting said insurance against the satellite. This can cover anomalies during launch [1] or anomalies on orbit where the satellite is lost or can no longer perform its mission [2]. Pretty much all commercial companies will have insurance on their satellites, government satellites are typically "self-insured".
[1] https://www.insurancebusinessmag.com/us/news/breaking-news/satellite-insurance--a-brief-introductory-guide-174465.aspx https://www.insurancebusinessmag.com/us/news/breaking-news/s...
[2] https://spacenews.com/digitalglobe-loses-worldview-4-satellite-to-gyro-failure/ https://spacenews.com/digitalglobe-loses-worldview-4-satelli...
- deleted 7y ago[deleted]