Airline pilots twice as likely to die
Having recently decided to buy life insurance I was suprised to find that the premiun quoted was loaded by 125% due to my occupation (Airline pilot).I understand that insurance is based on cost versus risk but have been unable to obtain an explanation from the insurance Company on what criteria the risk analysis has been based.
I would very huch appreciate any info or recommendations from other ppruners regarding life insurance.
Quote so far:- Scottish widows level term
Sum assured £250,000
Term 15 years
Age 38
Area UK (south)
Premium (monthly) £38.00
Plus loading £41.66
Thanks for any advice, sorry about the boring subject!
V1 - Whats that?