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Life Insurance in Australia
Who do people here use for Life Insurance in Australia?
I've just had a policy application with REST rejected because I fly! Before I filled out the forms, I verified with them that anything up to 100 hours per year would be fine, and not attract extra premiums! I rang them this morning after getting the rejection, and they said they'd been informed to reject any application from people who fly! Bloody ridiculous if no-one will insure pilots. The guy told me that he thought the rejection was a wrong decision in my case as I'd be flying less than 30 hours a year, but he couldn't change the decision. He said he'd forwarded my file on to the Hong Kong office to see if they will change their mind, but he said they'd probably put an aviation exclusion on the policy. I told him if they did that, they could stick their policy where the sun don't shine, and, I'd be moving my Superannuation from REST to another fund. Good way to kill off an industry! Crash Lander -- I'm not always right, But I'm never wrong! |
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Life Insurance in Australia
life insurance for someone named "crash lander"???????????????????
dan Crash Lander wrote: Who do people here use for Life Insurance in Australia? I've just had a policy application with REST rejected because I fly! Before I filled out the forms, I verified with them that anything up to 100 hours per year would be fine, and not attract extra premiums! I rang them this morning after getting the rejection, and they said they'd been informed to reject any application from people who fly! Bloody ridiculous if no-one will insure pilots. The guy told me that he thought the rejection was a wrong decision in my case as I'd be flying less than 30 hours a year, but he couldn't change the decision. He said he'd forwarded my file on to the Hong Kong office to see if they will change their mind, but he said they'd probably put an aviation exclusion on the policy. I told him if they did that, they could stick their policy where the sun don't shine, and, I'd be moving my Superannuation from REST to another fund. Good way to kill off an industry! Crash Lander -- I'm not always right, But I'm never wrong! |
#3
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Life Insurance in Australia
Crash Lander wrote: Who do people here use for Life Insurance in Australia? I've just had a policy application with REST rejected because I fly! Before I filled out the forms, I verified with them that anything up to 100 hours per year would be fine, and not attract extra premiums! I rang them this morning after getting the rejection, and they said they'd been informed to reject any application from people who fly! Bloody ridiculous if no-one will insure pilots. The guy told me that he thought the rejection was a wrong decision in my case as I'd be flying less than 30 hours a year, but he couldn't change the decision. He said he'd forwarded my file on to the Hong Kong office to see if they will change their mind, but he said they'd probably put an aviation exclusion on the policy. I told him if they did that, they could stick their policy where the sun don't shine, and, I'd be moving my Superannuation from REST to another fund. Good way to kill off an industry! Crash Lander -- I'm not always right, But I'm never wrong! In the US, most life insurance policies have exclusions for high risk activities including GA, scuba diving, and ice climbing. A friend of mine was denied life insurance because he ice climbs. I knew about the GA exclusion from when I was briefly training for my PPL: my life insurance agent mentioned it to me. The damned flight school must have "forgotten." |
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Life Insurance in Australia
"houstondan" wrote in message
oups.com... life insurance for someone named "crash lander"??????????????????? dan :-) Crash Lander |
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Quote:
Be safe & sound Crash Lander. |
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