Page 1 of 1
What a great surprise.. Happy.
Posted: Wed Aug 20, 2014 1:05 pm
by Grumpy
I increase the total of my life cover with an extra R2m........ Call Liberty Life agent............... No problem all Happy... BUT
Oh you fly a microlight, sorry we have to load your premium
Oh dear how much???? R1.75 for every R10k
Really ? Yes
Extra R350 per month and I'm 'Life Covered' in my trike.

Re: What a great surprise.. Happy.
Posted: Wed Aug 20, 2014 2:21 pm
by Induna
I don't get the logic of the insurance companies... Aircraft licenses are 1000x more controlled with exams, practical training, medicals, etc than driving licenses... Anyone can easily obtain a driving license (not to speak about the fake ones).
Compare the number or vehicles on the road (and fake licenses) the chances should be exponentially higher to be involved in a car accident than an aircraft accident... or do I miss something?
Being said, what life insurance company would then be the best (cost effective) option to have if you are a pilot?
J
Re: What a great surprise.. Happy.
Posted: Wed Aug 20, 2014 2:32 pm
by nicow
Verkeerde makelaar-my makelaar maak dat ek geen belading betaal nie...
Re: What a great surprise.. Happy.
Posted: Wed Aug 20, 2014 3:18 pm
by Blue Max
Agree, no bigger risk if you are a pilot.!!
cant see the justification of an increase.
Grumpy, judging by your picture on the avator I can only guess that the increase could be due to your age.!!

Re: What a great surprise.. Happy.
Posted: Thu Aug 21, 2014 12:53 pm
by Grumpy
Blue Max wrote:
Agree, no bigger risk if you are a pilot.!!
cant see the justification of an increase.
Grumpy, judging by your picture on the avator I can only guess that the increase could be due to your age.!!

Blue Max much less grey on this kop.

Re: What a great surprise.. Happy.
Posted: Thu Aug 21, 2014 1:44 pm
by Tumbleweed
I think my policy had a 200 hour load or restriction and had to just advise when I reached the hours for it to fall away.