LESSONS HARD LEARNT
Posted: Wed Jan 10, 2007 10:46 am
Yesterday I had a beautiful aircraft that I was learning to fly. Today I have a carcass.
Last night Wayne Bond closed the hanger to planes and an arrangement to further my training this morning. Today I am going up to the hanger to discuss with the insurance assessor the status of my plane.
My message: To those that have made the decision not to ensure your planes, that is your decision and to be respected. To those that are wondering what to do; DO IT. You never know what may happen when nobody is looking. I insured my plane, but the Rand / Euro has made such a dramatic change over the past 8 months that the insured value is now 20% under value.
I am not an insurance salesman looking to increase my portfolio, I am one of your flying mates that is suggesting that all you guys just give this a lot more thought.
Cheers,
Last night Wayne Bond closed the hanger to planes and an arrangement to further my training this morning. Today I am going up to the hanger to discuss with the insurance assessor the status of my plane.
My message: To those that have made the decision not to ensure your planes, that is your decision and to be respected. To those that are wondering what to do; DO IT. You never know what may happen when nobody is looking. I insured my plane, but the Rand / Euro has made such a dramatic change over the past 8 months that the insured value is now 20% under value.
I am not an insurance salesman looking to increase my portfolio, I am one of your flying mates that is suggesting that all you guys just give this a lot more thought.
Cheers,