Canadian_JOY
Well Known Member
Well folks, it's insurance time... My previous employer "divested" a bunch of us and our new employer's group life insurance rates are horrific. I'm now looking outside our group plan for life insurance but have hit a bit of an obstacle in that many insurers want to charge an additional 120% of the basic premium to cover me when acting as aircrew. There's no way that combining the cost of insuring the aircraft itself and the additional cost of life insurance to act as a pilot will go over with my "chief financial officer".
Is there any economical means of obtaining life insurance as a pilot in Canada? I'd appreciate any information or tips you might be able to offer. Unfortunately no US insurers can sell in the Canadian market so this question really is geography-specific.
Thanks in advance for your well-considered responses.
Is there any economical means of obtaining life insurance as a pilot in Canada? I'd appreciate any information or tips you might be able to offer. Unfortunately no US insurers can sell in the Canadian market so this question really is geography-specific.
Thanks in advance for your well-considered responses.