Failed rocket launches and deliveries involving non-human payloads. Who is responsible for the monetary loss and what happens when the payload is very important or took a long time to research and assemble (like the famous Hubble Space Telescope)?

Question

Failed rocket launches and deliveries involving non-human payloads. Who is responsible for the monetary loss and what happens when the payload is very important or took a long time to research and assemble (like the famous Hubble Space Telescope)?

In: Other

Answer 1

No civilian rocket payload ever leaves the launchpad uninsured. So the answer would be: Whichever insurance company was used covers the damages.