Afternoon,
As a now 'dormant' PPL holder having fairly recently bought my first abode I took out my first life insurance policy and was asked if I did any flying, alongside numerous other death-defying hobbies. With money being tight enough to prevent me from flying in the short term I instinctively answered no.
I've since done a couple of hours (only one-offs, one with an instructor and one solo as my 'fix' I guess until I have the funds to buy a share) and came to terms with the fact that should the wings depart from the fuselage, my other half may be showered with proverbial from many angles. But hey, only a couple of hours, why add extra dosh to the hourly rate just for one-offs?
I've since been reading Flyer and have seen a couple of adverts preaching that life cover is almost impossible to obtain for a PPL holder. Is there any truth in this? I can well imagine them loading the premium like they do with people suffering from certain ailments or even for full-time flyers, but refusing to insure?
In your experience, how many of you lie or have lied about being a pilot (I'm sure I'll get an honest answer on that one
), how many of you tend to go for 'specialist' policies and those of you who received a loaded premium from a mainstream insurer, by how much (%) did your quote go up? (only really interested in PPLs/hobbyists, not full time pilots/CPLs)
On a further note, those who get insured with 'mainstream' companies, did you get asked how many hours you fly annually?
Thanks!