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Lower life insurance rates for CFIs

By Janice Wood · January 13, 2011 ·

Daniel Insurance has secured an A+ rated carrier that will no longer charge the extra premium on life insurance because you are a flight instructor and, if you qualify medically, will offer their best rate class at Preferred Plus. This equates to a 60% savings or more, according to company officials.

Many risks in the life insurance industry are charged an extra premium and flight instructors are generally charged $3.50 per thousand extra. This equates to $350 extra per year per $100,000 of protection. In addition, most carriers will at, best, give flight instructors a standard non-smoker rate. This is the fourth best rate class. This change removes the discrimination against flight instructors for life insurance, company officials said.

For more information: DanielAgency.com

About Janice Wood

Janice Wood is editor of General Aviation News.

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