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TiredSoul 03-25-2019 10:58 AM

Term life insurance
 
Looking for $500k 20 year term life and just got a quote from Prudential for a stupid amount like $700+/month.
ACMI long haul and yes hazmat.
Anybody have any bright ideas.
Thereís got to be like 6-7000 pilots in the same risk bracket.

No bankruptcy, one speeding ticket in 19 years, not overweight yadayadayada....

cliffnd 03-25-2019 11:32 AM

I know age might be one of the biggest factors, and by the looks of it ("Tiredsoul") you don't sound like a spring chicken. [emoji15]Checkout ALPA or NMAA if you qualify for either.


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TiredSoul 03-25-2019 11:51 AM

Mentally Iím 12 years old lol.
Iím not with an ALPA carrier.
Website of Selectquote doesnít open where Iím currently at so Iíll go digging when Iím back stateside.

Grundt 03-25-2019 11:57 AM

https://www.traversaviation.com/

I'm working with them at the moment. So far the AIG policy that they quoted me is the best rate I've found.

dogo 03-25-2019 12:40 PM

Does your company have a term policy on you?

TiredSoul 03-25-2019 12:45 PM

Quote:

Originally Posted by dogo (Post 2789768)
Does your company have a term policy on you?

Yeah but Iíd like SWMBO to not have to worry about paying off the house and leave a couple of years wages in case of a premature demise.

BUFF Flyer 03-25-2019 01:27 PM

Harvey Watt has good policies. They deal with Pilots, hazmat, combat areas, etc.

abxflyr 03-25-2019 02:43 PM

Let everyone know what you end up with in general. I'm interested in something as well; haven't a clue where to start (my present policy is good for another 2 yrs or so.....then poof!)

LunkerHunter 03-26-2019 07:30 AM

Same question was discussed on a facebook pilot thread one or two months ago, so data is probably still decent:

46 yo male, 20 yr term for 1.5million = $230/month (Prudential)

42 yo male, 20 yr term for 1.25million = $700/year (Zander)

41 yo male, 20 yr term for 2.5million = $170/month (Selectquote)

The above three were either flying part 121 or part 135

Someone also recommended Northwest Mutual but didnít say what they were paying for their policy.

742Dash 03-26-2019 07:51 AM

Quote:

Originally Posted by LunkerHunter (Post 2790242)
The above three were either flying part 121 or part 135

.

When I was looking a couple of years ago the 121 was not a problem. The international was. The international into Afghanistan was a show stopper for everyone except Harvey Watt.


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