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Thanks to everyone in advance for answering my question.

I am trying to figure out if I can afford a 150/152. So here I am crunching my numbers, didn't take long, and was wondering what everyone pays for life insurance with coverage for being a pilot?

I am 36, in good health, with about 110 VFR hours. What additional factors would make a difference?

Who/what company would you recommend that I get quotes from?

Thanks,
Tim

I have (free) Life Insurance that's provided by my employer, but it doesn't cover death/injuries resulting from flying in private aircraft. So, for awhile, I purchased a life insurance policy from AOPA that covers ONLY death/injuries related to GA flying. That way, I got all scenarios covered. Their premium rate is available on AOPA web site, and quite reasonable.

Now that my networth is enough that a life insurance policy isn't warranted, I no longer carry the AOPA policy.

You should compare and see if having two separate policies (a typical one, and a flight-related one) is cheaper than buying one that covers all causes.

I purchased a $100M policy through NewYork Life. As of three years ago besides a physical that they performed they did not require any additional data as to a PPL and that was noted on the application. The premimum was based soley on my age and health. That was the expensive part! I undersatnd that if the policy was higher then it may have been in question.

Will

I have found on two or three policies I have had with different employers that no special conditions applied to my PPL.

Not sure there is the stigma there used to be, but probably a company by company deal.

I have the same situation as Hung, my employer provided policy (an airline) does not cover flight in general aviation aircraft.

However, the house is paid for and Dusty cat is cheap to keep, so I'm not really concerned.

Charles

Will and Jeff are bankers, so I'm sure they both probably read every word of their life insurance policies. But for the other forum members, especially the young guys who are just starting a family, read your policies carefully to make sure there are no exclusions of benefits while flying/riding in GA aircraft.

MANY policies have private aircraft exclusions. The only way you'll know for sure is to read the policy carefully. The fact that the subject isn't addressed on an application means nothing.

Another point ask your agent...he gets a commission... make sure they earn it and have him/her find out if claims are excluded if you are a pilot. I made sure mine didn't

Will

My policies are with New York Life also. Standard premium (non-smoker) without a GA exclusion.

Will has a good idea, but if you rely on your agent for this information, get it in writing. This protects you under their "Errors & Omissions" policy in the (fairly common) event he/she is mistaken.