14 C.F.R. § 440.11 Duration of coverage; modifications.
Title 14 - Aeronautics and Space
(a) Insurance coverage required under §440.9, or other form of financial responsibility, shall attach upon commencement of licensed launch activities, and remain in full force and effect as follows: (1) Until completion of licensed launch activities at the launch site; and (2) For orbital launches, until the later of— (i) Thirty days following payload separation, or attempted payload separation in the event of a payload separation anomaly; or (ii) Thirty days from ignition of the launch vehicle. (3) For suborbital launches, until the later of— (i) Motor impact and payload recovery; or (ii) The Office's determination that risk to third parties and Government property as a result of licensed launch activities is sufficiently small that financial responsibility is no longer necessary, as determined by the Office through the risk analysis conducted before the launch to determine MPL and specified in a license order. (b) Financial responsibility required under this part may not be replaced, canceled, changed, withdrawn, or in any way modified to reduce the limits of liability or the extent of coverage, nor expire by its own terms, prior to the time specified in a license order, unless the Office is notified at least 30 days in advance and expressly approves the modification.
Title 14: Aeronautics and Space
PART 440—FINANCIAL RESPONSIBILITY
Subpart A—Financial Responsibility for Licensed Launch Activities
§ 440.11 Duration of coverage; modifications.
