Microlight Insurance

[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.

[Sukkelaar]

Morph ?

[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.

[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

[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

[Bacchus]

Morph? You have anything for me. Or where i can go and look?

[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.

[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.

[vernon11]

KEEP US POSTED. wHAT SORT OF TIME FRAME ARE YOU TALKING ABOUT?

VERNON

[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!!!!

[RV4ker (RIP)]

trike or 3 axis?

I get <3% for 3 axis

[justin.schoeman]

trike or 3 axis?

I get <3% for 3 axis

Per anum, or per month?

[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.

[THI]

Is it just microlights or gyro's as well?

[RV4ker (RIP)]

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......