Announcement

Collapse
No announcement yet.

Life insurance for private pilots

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Life insurance for private pilots

    I'm in the midst of buying a term life insurance policy, and needless to say, me being a pilot has complicated matters. My wife and I were both considered to be "preferred plus" based on our age, weight, and health history, but once they noted my recent flight physical, well...

    I just got a quote, and my rate is now looking to be about 70% higher than my wife's. Does that seem to be in line with what others have experienced? It seems to be legitimate, but I want to be informed before signing on the policy.

  • #2
    You're buying a product. Get competitive quotes.

    Comment


    • #3
      I just dont have life insurance. Not having it is always an option. I try the best I can to not allow insurnace companies to drive my life.

      Comment


      • #4
        Originally posted by rppearso View Post
        I just dont have life insurance. Not having it is always an option. I try the best I can to not allow insurnace companies to drive my life.
        Of course it's an option. Nobody is driving my life - I'm a consumer making a choice to purchase protection for my young family should something unexpected befall me. Thanks for your input.

        Comment


        • #5
          I had a simular experience when the insurance company found out I was a flight paramedic. At first they said they would not even sell me life insurance due to my "high risk job". Then they decided to cover me at a very high rate. Finally they insured my wife with me as a "rider". It was very economical then.
          “Move that fat ass Henry!”
          “Don’t swing your balls or you’ll swamp the boat!"

          Comment


          • #6
            Seems like AOPA has had life insurance products for pilots also. Definitely shop. But it will cost more.
            14 Days to Alaska
            Also available on Kindle and Nook

            Comment


            • #7
              http://www.piclife.com/pdfs/What_All...hould_Know.pdf

              Mr. Pid is right.

              Comment


              • #8
                Check out life insurance with Thrivent Financial. I was pleased with what I was able to purchase.
                Charles

                Comment


                • #9
                  Thanks for the recommendations, fellas. I've been working through a service that gives comparisons from 50+ insurers, so I'm pretty certain I'm getting a solid rate. Actually, the rate I'm being quoted is still just below the rate my local insurer offered even before they knew I was a pilot. I'm more curious about the % increase that folks have experienced due to the simple fact of being a pilot. Alas, the rate I'm getting is still pretty dang good compared to most I've seen, so I'll likely be moving on it.

                  Comment


                  • #10
                    Originally posted by Monguse View Post
                    Excellent info, sir. Thanks.

                    Comment


                    • #11
                      Here is the direct link to AOPA's offerings. Not one I have used, just one I am aware of.

                      http://insurance.aopa.org/life
                      14 Days to Alaska
                      Also available on Kindle and Nook

                      Comment


                      • #12
                        USAA is non commision most life ins. premiums first years premiums go into agents pockets!

                        Comment

                        Footer Adsense

                        Collapse
                        Working...
                        X