49 U.S.C. § 44302a — Temporary insurance

(a) In General. The Secretary may provide an air carrier insurance or reinsurance under this section for one coverage period of up to 90 days. Except as this section says otherwise, this insurance follows the rest of this chapter's requirements. (b) Restrictions. A policy issued under this section: (1) may not be issued unless the carrier's regular insurer has unilaterally ended the carrier's war-risk liability coverage — through a notice, an endorsement, or an automatic termination clause in the policy; and (2) may cover hull, comprehensive, and third-party liability risks. (c) Premium. The premium is calculated as a prorated amount, matching what the terminated policy charged. (d) Approval. A policy under this section: (1) is exempt from section 44302(c)'s requirements; and (2) may cover what section 44303 allows, as the Secretary decides, even without a presidential determination under section 44302(a)(1).