Life Insurance and a microlight

[Tumbleweed]

Get a qualified broker to re-evuate all your policies and chuck out the donkey ones. You don't get points for loyalty.

I doubled my life cover, with new mpl included for the same premiums.

[Biggles]

Get a qualified broker to re-evuate all your policies and chuck out the donkey ones. You don't get points for loyalty.

I second that... this should be a yearly thing as policies change and your personal circumstances aswell.

I give my broker ulcers because I work in DRC on an underground mine, I scuba dive and microlight, he was quite pleased to hear I had stopped smoking but no monetary benefits until you have stopped for over 12 months . I went through a complete review of my policies when I anounced I had obtained a microlight license. My premium went down.

P.S> On the form put MPL as the license type, it prevents the hype associted with the name. The form is also geared to professional pilots not recreational flyers.

[Learjet]

I'm busy getting costs for a new life insurance policy (to include gyro flying cover) and received the following from Liberty:

Aviation
The rating for aviation is R 1.75 per R 10 000 sum assured per month & we will excl aviation outside SA borders and disability (auto aviation
excl)

Therefore the rating on the case will be:
R1-75 per R10 000 life cover with an exclusion excluding aviation outside the border of SA and with an auto aviation exclusion on disability.

How does that compare? Not overjoyed at the lack of disability and flying outside of SA... Never mind also trying to decipher their "insurance speak"

[Dreamer]

I was told premiums with one company would go up, had to fill in Aviation questionaiire etc..was reffered to Faan Conradie ( also flies or flew trikes)....ended up with better cover and lower premiums.....he is in Pta and worth talking to O12 5four733two0.

[Big-D]

herefore the rating on the case will be:
R1-75 per R10 000 life cover with an exclusion excluding aviation outside the border of SA and with an auto aviation exclusion on disability.

This means no disability insurance if you prang - My broker guarantee's me I am insured against disability even if in trike prang

Chat to Aircrew Financial Services (On web)


D

[GR8-DAD]

The rating for aviation is R 1.75 per R 10 000 sum assured per month & we will excl aviation outside SA borders and disability (auto aviation
excl)
How does that compare? Not overjoyed at the lack of disability and flying outside of SA... Never mind also trying to decipher their "insurance speak"

Yip, revisited mine with Liberty and got the exact same quote, but what really pi$$es my totally off is that for PPL I have NUL loading, but for my Microlight I have this rediculous loading. It seems they see skydiving, paragliding, gliding and microlighting as the same risk.

My old, pre-aviation policies still cheaper to keep....

[joshmar]

If you guys want some help go on to www.extremeinsurance.co.za