DID YOU KNOW older pilots need to take extra precautions when comes to insurance?

[LRingeisen]

Originally Posted by DonFromTX

Leah, would you or Shanna shed some light on this subject (and I don't care how old you are either)? Obviously from this thread there are lots of opinions, and at 81 many of my flying friends are at or near that stage as well.

Haha! You guys are great. I'm 21+ and aging everyday There was a misunderstanding with the original question of my age as I was thought to be a pilot and not a broker. No harm, no foul and we had a pretty good laugh about it.

The best suggestion we can give is to discuss your concerns with your broker. Its hard to make a general statement about the companies because they each have different regulations that they go by. If you have specific questions that you would like to discuss, feel free to call us and we would be happy to give you some input.

[wilddog]

Is age any problem with liability only insurance? I’m 72 with over 30 yrs flying without an accident or claim and use liability only insurance.

[LRingeisen]

Originally Posted by wilddog

Is age any problem with liability only insurance? I?m 72 with over 30 yrs flying without an accident or claim and use liability only insurance.

A lot of the insurance companies go by the same requirements for liability only policies as they do for full flight. Most companies start declining coverage due to age when the pilot is 75 or older.

[FasGlas]

A friend of mine just got his new premium for his Cessna 210.. A retired airline captain, good health, no claims, current... $10,000!!!! For no other reason then he's a year older. When they pull that on me I'll just get liability or nothing.

[gossend]

Originally Posted by LRingeisen

A lot of the insurance companies go by the same requirements for liability only policies as they do for full flight. Most companies start declining coverage due to age when the pilot is 75 or older.

I'm currently with Global - have been for many years. I heard that Global typically enforces more age-related restrictions after 75 than AIG. Is that the case?

[LRingeisen]

Originally Posted by gossend

I'm currently with Global - have been for many years. I heard that Global typically enforces more age-related restrictions after 75 than AIG. Is that the case?

It becomes more difficult to acquire a new insurance policy after the age of 75 (70 for some companies). As far as additional requirements go, I believe the age is after 84 when they start enforcing them, but I would have your broker double check to be sure. Underwriting guidelines have been changing with all of the companies lately, so it's best to check with the broker to make sure there are no surprises in your specific situation.