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Life insurance/assurance

i’m about to go solo and ‘she that must be obeyed’ asks about cover. The assurance covers the mortgage but she wants more…

Who provides the best cover/value for money?
The PPLs here in the office dont have any cover over club insurance. What do pilots with family responsibilities have – in terms of cover?

David

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By: ageorge - 13th June 2003 at 19:35

She sounds a bit suspicious , watch out for the “ticking ” packed lunch she hands you just before you go solo . If she tries to give you the old Ghettoblaster with the C4 battery pack DEFINATELY get rid of her.

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By: Bigglesworth - 10th June 2003 at 15:14

I think that If you were to find such a policy then the premiums would be around 75% of the ‘payout’ (just a guess mind..)…go figure!
There is always a risk in whatever we do, flying just draws the media attention every time.
If she isn’t satisfied that is safe (more risk of getting clouted around the head with golf club or ball…..)……. sign her up on an engineers course 😀 😀 and give her a spanner!

Sounds like ‘her-indoors’ needs to get real.

Good Luck on your first solo.

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By: Moggy C - 10th June 2003 at 12:42

I know women are supposed to be endearingly illogical but that is just about as stupid a bit of ‘thinking’ as I have ever heard.

Suggestions

1) Dump her and find somebody a bit more sensible

2) There is no 2)

Moggy

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By: dsinnett - 10th June 2003 at 12:22

‘Life insurance/assurance’

You are quite right that if I keel over today she’d get nothing more than a paid off mortgage.

Unfortunately, she thinks I’m more likely to end up in a pile close to the runway than under a car on a road.

What we’re (she’s) looking for is a payment to cover the next 20 years of salary if I’m not here to earn it (as well as having the mortgage paid off!!)

Another option is to give her a flying lesson. The draw back is that i think she’ll be hooked and we can’t afford for us both to fly!

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By: Moggy C - 10th June 2003 at 11:52

I’m not totally sure I understand the question.

If you drop dead with a heart attack tomorrow presumably she gets enough to get by on?

Why would you need more for the highly unlikely possibility of you dying in a GA aircraft? It makes no difference to her needs surely?

Just check that your existing insurers know that you are involved in GA and they will generally waive any exclusion on your life policy. If not, change companies.

Moggy

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