Printer FriendlyPilots
I am a Pilot. Now
What?
A pilot is more exposed to
life-threatening risks than the normal, standard adult since
operating aircraft offers a whole set of unique hazards. Life
insurance companies will need to review pilots based on a number of
factors including level of experience, number of hours spent flying
each year, age, and qualifications. If you have an ideal profile you
can expect standard ratings.
Pilot's Effect on
Insurance Rates
Here is a table offering a guideline of
what rates to expect.
|
Pilot Profile |
Rating |
|
Ideal: 300 hours solo experience, flies between 25 and 200 hours annually for pleasure, holds an Instructor Flight Rating, is under the age of 70, with no medical impairments |
Standard |
|
Flies less than 25 hours annually ("rustiness" factor) or over 200 hours annually (exposure to excess risk) |
Table Ratings |
|
Student Pilot (lack of experience) |
Table Ratings |
|
Does not have an Instrument Flight Rating (more vulnerable to unexpected situations such as weather changes) |
Table Ratings |
|
Has medical impairments or is over the age of 65 |
Table Ratings |
More Information for
Pilots
Any person who flies aircraft for
pleasure or business will be considered under the guidelines for
pilots. This includes corporate pilots, flight instructors, and
charter pilots. The reason aviation is listed under impaired risks is
because crashes, and thus death, often occur as a result of lack of
experience, unfortunate weather conditions, error, and mechanical
failure of the aircraft.
Important Things to
Know for Pilots
What are some of the issues that interest underwriters?
-
How often do you fly?
-
Do you fly for pleasure or as a job? If as a job, what kind of job?
-
Do you hold an Instrument Flight Rating?
-
Do you have any known medical impairments?
What can I do to help the underwriting process?
Send us all information and documentation about your flying experience and qualifications.
Complete the following form, or call us toll-free at 888-854-7526 if you would like to speak with someone or get more information.