Thread: CYA Protection
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Old 05-14-2009 | 09:34 AM
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JustAMushroom
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From: Capt
Default CYA Protection

I am wondering what, if any, measures you guys are taking to protect your families in the unlikely event you injured/killed somone in a "pilot error" event.

For instance, the estate (including life insurance?) would be in jepordy. Not to mention legal fees your wife and kids would incure to defend said estate.

Some suggest an LLC for the home, and life insurance in a trust, but what other ways do you guys have to sheild your house, savings, etc.

My airline has insurance, the aircraft maker has insurance. Everyone but the crew seems somewhat covered. Just the legal fees alone could reach $100,000 +. What do you guys do?

BTW: I heard after the Comair Lexington crash, the crews family was dropped from health insurance. One of the wives was 9 mo's pregnant!
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