Keith Lane
Pattern Altitude
My wife has convince me to purchase additional life insurance as we have seen a number of premature departures in the last two years, one of which left the family in a bad state. We have 7 and 10 year old kids and my wife is a stay at home/homeschooling Mom.
Here's my question.
I got a quote from AOPA Insurance for $500K for $129.50/mo for 20 years. Seems reasonable considering my company's agent quoted me $440/month for the same thing "'cuz you fly".
Recently, I got a flyer from Pilotinsurance.com for $500K for $73.64/Mo.
AOPA guarantees a level premium for 20 years, and PIC for the first 10 years. ( I think this is the gotcha)
AOPA is with Lincoln Benefit Life and PIC with Midland National Life Insurance.
I have ZILCH life insurance experience except what I have through work ($100K).
Any opinions out there?
Here's my question.
I got a quote from AOPA Insurance for $500K for $129.50/mo for 20 years. Seems reasonable considering my company's agent quoted me $440/month for the same thing "'cuz you fly".
Recently, I got a flyer from Pilotinsurance.com for $500K for $73.64/Mo.
AOPA guarantees a level premium for 20 years, and PIC for the first 10 years. ( I think this is the gotcha)
AOPA is with Lincoln Benefit Life and PIC with Midland National Life Insurance.
I have ZILCH life insurance experience except what I have through work ($100K).
Any opinions out there?