My wife and I have just purchased a house and need to get insurance to cover the mortgage should one of us die. As a pilot, can I get Life Insurance?
This is a good question – given the nature of the job some people immediately think that there is a level of difficulty obtaining Life Insurance.
There are a few considerations that need to be taken into account that the insurers will ‘dig deeper’ into, for example is this private flying? Is this commercial airline flying? Is this a combination of both? Is there any other flying involved?
To summarise the above question, a commercial airline pilot will usually be able to obtain Life Insurance with no complications e.g. flying a plane for British Airways.
This tends to become more complicated if there is private flying involved, on its own or in combination with commercial aviation. In order to make a decision insurers will want to know what type of plane you fly, where you fly, how many hours you fly and whether there is any stunt flying.
One of our independent protection advisers can take down these details, call the underwriters at various insurers on your behalf and come back to you with which insurers are willing to offer you the best terms.
Drew was incredibly helpful all the way along and very responsive and patient with any questions I had (which were many). He was able to get me a much better deal on my new health insurance than I had been able to get online. A success all round!