Fill the Gaps: EAA Personal Insurance Protects Where Typical Coverage Fails
Accidental death/dismemberment plan covers where regular life insurance doesn't
April 9, 2013 - The EAA Personal Insurance Plan is now helping aviators fill the insurance gap – making sure they are fully covered when they fly and even at times when they may not be in the air.
The EAA Personal Insurance Plan’s coverage picks up where traditional life insurance stops by including nearly all aviation and non-aviation activities, at a fraction of the cost of amending existing life insurance. It also applies to pilots flying any aircraft with an FAA airworthiness certificate, including amateur-builts and light-sport aircraft.
“This is insurance protection that EAA members have requested from their organization,” said Rick Larsen, EAA vice president of marketing. “There is a gap in traditional life insurance. It usually doesn’t cover aviation activities except by purchasing expensive policy add-ons and amendments. EAA provides coverage without underwriting requirements and adds security where traditional life insurance stops. There’s also no increase in premiums or decrease in coverage because of age. It’s easy to find out more, the rates are extremely competitive, and no other plan that serves EAA members and the diverse community of aviators as well.”
The EAA Personal Insurance Plan will pay benefits up to $250,000 where traditional life insurance will not and will also pay in addition to areas covered by traditional life insurance plans, providing extra security for pilots and their families. The EAA Personal Insurance Plan can be easily expanded to include a spouse and family for a minimal additional cost.
It’s easy to get a quote in five minutes, start a policy with a credit card payment, or administer one’s own coverage online: Just go to www.eaa.org/insurance for all the details. Even if you’re not an EAA member, coverage is available for aviators through this plan.
In addition, during the Sun ‘n Fun Fly-In Lakeland, Fla., Bob Mackey will host two programs that can help pilots find the right coverage and save money on insurance. Those Sun ‘n Fun forums are at 10 a.m. on Thursday, April 11, in Forum Room 8, and 10 a.m. Friday, April 12, in Forum Room 9.
The accidental death and dismemberment insurance offered exclusively through the EAA Personal Insurance Plan is underwritten by Starr Indemnity and Liability Company, and administered for EAA through Falcon Insurance Agency.
EAA embodies the spirit of aviation through the world’s most engaged community of aviation enthusiasts. EAA’s 177,000 members and 1,000 local chapters enjoy the fun and camaraderie of sharing their passion for flying, building and restoring recreational aircraft. For more information on EAA and its programs, call 800-JOIN-EAA (800-564-6322) or go to www.eaa.org. For continual news updates, connect with www.twitter.com/EAAupdate.