PPRuNe Forums - View Single Post - Mortgage cover for pilots
View Single Post
Old 29th Nov 2006, 18:14
  #5 (permalink)  
modelman
 
Join Date: Feb 2006
Location: Daventry
Posts: 349
Likes: 0
Received 0 Likes on 0 Posts
Mortgage insurance

When I began my PPL training earlier this year,I checked my life cover with my mortgage provider (mortgage/insurance co are one and the same as I figure that I might avoid a pi ing match between 2 independent companies in the event of a claim).They said that as I was already on board there would be nil effect on my cover/premiums.If I was taking out a new mortgage though,they would not insure me at all.
All a bit strange as when I raced motorcycles they were not concerned.Does make you wonder if the highly skilled actuaries really research thoroughly all the data available to them.
MM
modelman is offline