New EAA Personal Insurance Plan Fills Coverage Gaps for Members
November 8, 2012 - EAA announces the EAA Personal Insurance Plan, providing aviators with coverage when they fly and even at times when they may not be in the air.
The plan's accidental death and dismemberment 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 Heidi Strand, EAA vice president of marketing. "Traditional life insurance usually doesn't cover aviation activities, except with expensive policy add-ons and amendments. EAA provides coverage without underwriting requirements, establishing security where traditional life insurance stops, with no increase in premiums or decrease in coverage because of age. There is no other plan that serves the diverse community of aviators as well as the EAA plan."
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. In addition, the EAA Personal Insurance Plan can be expanded to include a spouse and family for a minimal additional cost.
It's easy to get a quote, start a policy with a credit card payment, or administer one's own coverage through the EAA Insurance website.
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 Company.