Life Insurance for Glider Pilots??

[[email protected]]

Looking for recommendations on who provides reasonable coverage rates
for glider pilots; just went through the '45' age barrier and rates are
starting to shoot up (like exponential); looking for alternatives.
Any help deeply appreciated!

Peter (2T)
(CA, USA)

[F.L. Whiteley]

> wrote in message
ups.com...
> Looking for recommendations on who provides reasonable coverage rates
> for glider pilots; just went through the '45' age barrier and rates are
> starting to shoot up (like exponential); looking for alternatives.
> Any help deeply appreciated!
>
> Peter (2T)
> (CA, USA)
>
Here's a start

http://tinyurl.com/4kg4t

[BTIZ]

I've bought lots of life insurance.. starting years ago..
as I was already rated as a pilot.. my agent was able to find companies that
would write policies for pilots without exorbitant rates.. as I reached age
40.. the extra couple of dollars I paid per month disappeared.. probably
because by then I had proved I could fly.. LOL

Buying life insurance for any individual, the premium rates go up
drastically when you are past age 45, and again at age 50.. because you fly
just makes it more expensive.

BT

> wrote in message
ups.com...
> Looking for recommendations on who provides reasonable coverage rates
> for glider pilots; just went through the '45' age barrier and rates are
> starting to shoot up (like exponential); looking for alternatives.
> Any help deeply appreciated!
>
> Peter (2T)
> (CA, USA)
>

[[email protected]]

I get SSA's ADD (accidental death & dismemberment) every year for $113
bucks that buys me 100K worth. I'm covered in my experimental sailplane
while racing it. Only problem is you got to "buy the farm" in an
accident, cancer doesn't count. Also you must kick off within a year of
your crash or they won't pay either. Not a bad price for the stated
limits. Didn't read to much of the dismemberment limitations, it got
into 2 legs or 1 leg and 1 arm, got depressed and quit reading.
:>) JJ
wrote:
> Looking for recommendations on who provides reasonable coverage rates
> for glider pilots; just went through the '45' age barrier and rates
are
> starting to shoot up (like exponential); looking for alternatives.
> Any help deeply appreciated!
>
> Peter (2T)
> (CA, USA)

[Ian Cant]

EAA offers a similar scheme for comparison.

Ian



At 16:30 11 January 2005, wrote:
>I get SSA's ADD (accidental death & dismemberment)
>every year for $113
>bucks that buys me 100K worth. I'm covered in my experimental
>sailplane
>while racing it. Only problem is you got to 'buy the
>farm' in an
>accident, cancer doesn't count. Also you must kick
>off within a year of
>your crash or they won't pay either. Not a bad price
>for the stated
>limits. Didn't read to much of the dismemberment limitations,
>it got
>into 2 legs or 1 leg and 1 arm, got depressed and quit
>reading.
>:>) JJ
wrote:
>> Looking for recommendations on who provides reasonable
>>coverage rates
>> for glider pilots; just went through the '45' age
>>barrier and rates
>are
>> starting to shoot up (like exponential); looking for
>>alternatives.
>> Any help deeply appreciated!
>>
>> Peter (2T)
>> (CA, USA)
>
>

[[email protected]]

I'm 41 and bought a $500K term life policy from First Penn Pacific
about four years ago. The policy is for 30 years and has fixed
payments that stay constant for the term of the policy. I have no
health problems, and am a non-smoker. The policy costs $900 per year
with aviation coverage.

I would also suggest purchasing a disability insurance policy to cover
your living expenses (e.g., mortgage if this applies) in case of an
accident, glider or otherwise. I work in health care and see first
hand that disability resulting from an accident is much more likely to
occur than death.

[CharlieSierra]

Peter -

The best deal out there that I've found is AOPA. Even with the yearly
dues, the coverage is exceptional for the price. Other policies with an
aviation rider often include rather broad exclusions which theirs
doesn't. Check it out!

Conrad
(CS)