Page 1 of 2
Microlight Insurance
Posted: Wed Oct 07, 2009 2:52 pm
by Bacchus
Hi guys. I know this is a hollow ridden topic. Some of you might remember that a year or so ago a friend of mine in insurance tried to get our planes insured. He did not succeed but he never stopped trying.
Well he spoke to one of the directors of a company who specializes in outdoor insurance and they have recently changed some of their views regarding insurance of SOME items.
What i need at this stage is for anybody to supply me with information regarding the amount of microlights flying in the country, accidents in the last year or two etc etc. Basically all info we can get on microlights as an insurance company will look at it.
These people are really interested in investigating this and IF it is going to be successful, i will really call on everybody to support my buddy big time. He does not even fly but it bugs him that we battle so much to get insurance at a descent rate.
So guys please let rip with any info you have. Lets try once AGAIN.
Re: Microlight Insurance
Posted: Wed Oct 07, 2009 6:55 pm
by Sukkelaar
Morph ?
Re: Microlight Insurance
Posted: Wed Oct 07, 2009 7:42 pm
by Tumbleweed
Insurance co''s are not going to base anything on our submissions. If they don't have the clout to underwrite the cover they will need the bigboys for back-up who definately know where to find stats.
Just tell them at the Numbi Fly-in, there was more than 6 mill worth of 'microlights' parked around the avo trees for 4 days.
Re: Microlight Insurance
Posted: Wed Oct 07, 2009 7:56 pm
by HENNING JOHAN
Hallo!The other day at Vereeniging airshow the anouncer said that there are about 3500 microlights in SA.I am also looking at insurance for CAI as owner training.

FLY SAFE!!FLYBOY OBD

Re: Microlight Insurance
Posted: Wed Oct 07, 2009 9:25 pm
by John H Arnold
Bacchus,
Ek het al daai info, het al self probeer, jy weet dit, ek sal later vir jou verduidelik hoe hulle die ding uitwerk,
Los maar boet ek is deur daai pad en terug, kon niks regkry nie
Re: Microlight Insurance
Posted: Thu Oct 08, 2009 11:20 am
by Bacchus
Morph? You have anything for me. Or where i can go and look?
Re: Microlight Insurance
Posted: Thu Oct 08, 2009 1:54 pm
by Stephan van Tonder
Are you unhappy with the cost of the insurance or are you saying you struggle to get insurance. Jankelow did a quote for me and It's not unreasonable as far as I'm concerned. They do cater for microlights.
Re: Microlight Insurance
Posted: Thu Oct 08, 2009 5:08 pm
by Bacchus
I am talking under correction, but i think Jankelow ask in the region of 8-10% ofthe value of the plane as a premium per year. We are looking at options at the region of 3 % per year.
Re: Microlight Insurance
Posted: Thu Oct 08, 2009 7:49 pm
by vernon11
KEEP US POSTED. wHAT SORT OF TIME FRAME ARE YOU TALKING ABOUT?
VERNON
Re: Microlight Insurance
Posted: Fri Oct 09, 2009 12:00 pm
by Bacchus
Time frame would depend on how quickly i can gather the information i need ! Nothing yet guys? I need SOME stats and i dont know where to find it!!!!

Re: Microlight Insurance
Posted: Fri Oct 09, 2009 12:17 pm
by RV4ker (RIP)
trike or 3 axis?
I get <3% for 3 axis
Re: Microlight Insurance
Posted: Fri Oct 09, 2009 1:20 pm
by justin.schoeman
RV4ker wrote:trike or 3 axis?
I get <3% for 3 axis
Per anum, or per month?
Re: Microlight Insurance
Posted: Fri Oct 09, 2009 1:43 pm
by Flying Shark
Hello Bacchus,
Why not try Alex Rudd from Misasa I am sure he would be the best person to supply you with the info you are looking for or at least be able to point you in the right direction.
Re: Microlight Insurance
Posted: Fri Oct 09, 2009 2:28 pm
by THI
Is it just microlights or gyro's as well?
Re: Microlight Insurance
Posted: Fri Oct 09, 2009 10:18 pm
by RV4ker (RIP)
justin.schoeman wrote:RV4ker wrote:trike or 3 axis?
I get <3% for 3 axis
Per anum, or per month?
3% of hull value per annum, plus the War and some other fees... I can dig up the policy and get exact details. (I think it actually 1.81% of hull, but not sure

)
PS
If you own more than 1 aerie enquire about 1 up 1 down. Makes owning more than 1 VERY attractive......
