http://www.aopa.org/info/certified/insurance.html

http://www.eaa.org/memberbenefits.html Link to
insurance agency on page.



"BTIZ" wrote in message
news:5xzCg.23704$6w.10571@fed1read11...
| Why do you need a 1M 10year term policy?
| Find a broker who deals with companies that understand
aviation.
| Maybe lower your coverage?
| Buy whole life?
|
| I've been covered by life insurance and flying for over 30
years, I did not
| have that problem when younger and rated and I was flying
on active duty
| with the military and still covered by "civilian" life
insurance policies. I
| did pay a $1/month extra premium to fly as PIC in civil
aircraft until age
| 44. Then that extra went away. Now someone with the
actuarial tables will
| have to explain that one.
|
| I also have a friend, who waited until military retirement
to attempt to buy
| "civilian" life insurance to protect his now young family.
He is a civil
| pilot of low experience and he is also having problems
finding insurance
| that will cover him as PIC in GA aircraft. His current
policy specifically
| states "not covered while PIC."
|
| My companies "Group Policy" that is "free" and only covers
1 years salary
| also states no coverage when operating aircraft as PIC.
But it will cover me
| to fly with someone else as a passenger.
|
| B
|
| "Joe" wrote in message
|
oups.com...
| I am in the process of trying to buy life insurance for
the first time
| and I was wondering if anyone had any advice for me. I
am sure many of
| you have gone through this already.
|
| Here are the details:
| I finished my private license last novemeber. I have
flown a little
| since, but only every 1-2 months.
| I requested a quote from Zander (which is basically a
broker that
| represents many companies). On my original request, I
said I was a
| pilot. They wrote me back and requested a few more
pieces of
| information related to my flying like total hours,
ratings, hours per
| year, etc.
|
| For a $1M, 10-year term policy, with my particulars,
with aviation
| coverage, they quoted $295 /year BUT, until I had 100
solo hours and
| had an annual rate of 25 hours a year, there would be an
additional
| charge of $2900 annually. Yikes. I can probably swing
the 25 hours a
| year without too much effort, but I currently only have
20 hours of
| solo time. So, it is going to cost me something like
$6,000 to amass
| that sort of time. Although I would love to go do that
next month, my
| finances don't allow that at the moment.
|
| So, my question is, has anyone else been in this dilema
before? Does
| anyone reading this have limited flying experience like
I do but have
| gotten a better deal elsewhere? Are there other
companies I should look
| into?
|
| I would really appreciate any advice. At this point I
think I am going
| to have to give up flying for a few years until I can
actually afford
| it. And that has got me kind of depressed.
|
| Thanks,
| Joe in Denver
|
|
|