Hi folks,
I haven't posted for a while because not much has been happening on the pilot life insurance front. However, I thought an update might be in order.
Ag pilots and mustering
Unfortunately, the last of my insurers who wanted to take on these occupations has fled the scene. I can still do life and trauma insurance but will come with a premium loading which may prove prohibitive to some clients.
Aviation as second occupation
If flying is your second job and you are doing less than 80 hours pa rotary or 100 hours pa fixed wing then I have an insurer who is willing to consider insuring based on your man occupation. What this means is if your main occupation is not involving police work, member of an ant-terror squad or bomb disposal then we might be able to get you income protection cover as well as life, trauma and total & permanent disability cover. This might be especially tempting for those who think they might increase their hours over the coming years thus becoming uninsurable over time.
That pretty much sums up the changes over the past 12 months. If you have any questions, feel free to post or to give me a call.
Planner.
Insurance update - Income protection for low hour pilots
- Planner
- Silver Wings
- Posts: 57
- Joined: Feb 2013
- FerrariFlyer
- 4th Dan
- Posts: 1543
- Joined: Aug 2006
Re: Insurance update - Income protection for low hour pilots
Can't understand why someone wouldn't want to insure someone doing bomb disposal
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- Gold Wings
- Posts: 113
- Joined: Jan 2014
Re: Insurance update - Income protection for low hour pilots
Nor can I FF.....
How many people died in Australia doing bomb disposal this year?
How many people died in Australia flying helicopters this year?
How many people died in Australia doing bomb disposal this year?
How many people died in Australia flying helicopters this year?
- KOALA
- 1st Dan
- Posts: 218
- Joined: Dec 2015
Re: Insurance update - Income protection for low hour pilots
Morning all,
Has anyone had dealing or is currently insured by this outfit?
Any other suggestions or recommendations for insurance options?
Thanks and regards,
Koala
Has anyone had dealing or is currently insured by this outfit?
Any other suggestions or recommendations for insurance options?
Thanks and regards,
Koala
Aspiring HEMS pilot
- FerrariFlyer
- 4th Dan
- Posts: 1543
- Joined: Aug 2006
Re: Insurance update - Income protection for low hour pilots
Yes. Had dealings with company for 6-7 years and only good things to say. PM for more details.
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- Silver Wings
- Posts: 24
- Joined: Mar 2016
Re: Insurance update - Income protection for low hour pilots
How is it that Ag ops is a different occupation? I’m a commercial helicopter pilot who does Ag ops. Do I need to be more specific with things like my super or private health insurance?
Should I be telling my insurers I do 700hrs a year of bomb disposal and another 100hrs of risk free charter, sling?
Should I be telling my insurers I do 700hrs a year of bomb disposal and another 100hrs of risk free charter, sling?
- FerrariFlyer
- 4th Dan
- Posts: 1543
- Joined: Aug 2006
Re: Insurance update - Income protection for low hour pilots
Ops normal wrote:How is it that Ag ops is a different occupation? I’m a commercial helicopter pilot who does Ag ops. Do I need to be more specific with things like my super or private health insurance?
Showing some ignorance of ag ops here, however, flying at sub 50ft in amongst trees and wires is in the eyes of most insurers is ‘slightly’ more risky than perhaps being at 7000ft in a twin flying IFR to a hospital helipad or offshore platform. The insurers do the numbers and know the risks. The premiums reflect that.
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- Silver Wings
- Posts: 24
- Joined: Mar 2016
Re: Insurance update - Income protection for low hour pilots
Understand where your coming from Ferrari however the way I see it is I am a commercial helicopter pilot end of story. Ag is just a task within that occupation and it is disappointing that organisations try to manipulate things and not support the helicopter pilot community as one group.
May have to look into spraying at 7000ft in a twin engine (single gearbox) helicopter
May have to look into spraying at 7000ft in a twin engine (single gearbox) helicopter
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- 3rd Dan
- Posts: 601
- Joined: May 2010
Re: Insurance update - Income protection for low hour pilots
You can get good life and trauma insurance from brokers in NZ, that will cover you, and it doesn’t seem to matter what type of flying you do.
I do about 60% Ag, the rest low lvl, construction, fires, and logging, 100% hook work and it’s pretty well priced.
I do about 60% Ag, the rest low lvl, construction, fires, and logging, 100% hook work and it’s pretty well priced.
- KOALA
- 1st Dan
- Posts: 218
- Joined: Dec 2015
Re: Insurance update - Income protection for low hour pilots
Thanks for the replies and the PM's. The info is appreciated.
Aspiring HEMS pilot
- rex bivouac
- Silver Wings
- Posts: 61
- Joined: Sep 2006
Re: Insurance update - Income protection for low hour pilots
I second that SuperF. I also get good life and trauma cover in NZ and also cover me overseas.
Slight loading for the overseas flying but all in all a reasonble price for good piece of mind.
I don’t think I have any loading for ag either.
Slight loading for the overseas flying but all in all a reasonble price for good piece of mind.
I don’t think I have any loading for ag either.
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