Sentences with phrase «life insured flying»
Life Insured flying in an aircraft other than as a bonafide passenger on an aircraft of a licensed airline,
https://www.policybazaar.com/ Not exact matches
For example you may be insured for life insurance yet because you're a pilot your insurance coverage doesn't apply when your flying.
If you want a competitive life insurance policy that covers you while flying, you must seek out an experienced independent insurance agent that specializes in insuring pilots.
The aviation exclusion is one of the most popular life insurance exclusion riders that allows a carrier to avoid paying a claim if the insured died due to travel or flying in an aircraft as a pilot or for the purpose of parachuting / skydiving.
If death occurs while flying as a passenger on a commercial airline, due to a crash, that passenger who has an active life insurance policy is considered insured, and his beneficiary will receive the face amount of the policy as a death benefit.