Contractor life insurance

[sirlandsalot]

Hello,  I have read the older threads on this but thought to bump a new one.

 

     I have sunlife and I pay big for it.  I have kids and a wife so I need it.  Any other good options for a guy living in BC?

 

 

[BigSkyHeli]

PPIP (Professional Pilots Insurance Plan) they are based in Alberta. Excellent coverage for significantly less money. They used to require that you held an ATPL, they now accept CPL as well. It was started by Pilots specifically for Pilots, check it out Im sure you will find its what you looking for.

[sirlandsalot]

Thanks very much!

[Bell-powered]

Make sure you have a big mortgage which should be easy if you’re in B.C, then the bank offers mortgage life and or disability for a couple hundred a month... also wcb 

[BigSkyHeli]

Be very careful if your a Pilot thinking that your covered with your Bank's mortgage life insurance. I requested that my bank  provide me with a letter confirming that if I signed up for their mortgage life insurance it would cover me as a Helicopter Pilot.....guess what, they couldn't provide it.  

[nuthin]

 

 

Talk to this guy.... Tell him Dion sent you

Shaq Tcherni

shaq@sasktel.net

[nuthin]

and let me know how it goes

[212wrench]

On 3/12/2018 at 1:45 PM, BigSkyHeli said:

Be very careful if your a Pilot thinking that your covered with your Bank's mortgage life insurance. I requested that my bank  provide me with a letter confirming that if I signed up for their mortgage life insurance it would cover me as a Helicopter Pilot.....guess what, they couldn't provide it.  

Mortgage insurance from the bank is one of the worst financial decisions you can make.  Get term insurance instead.  

[BigSkyHeli]

1 hour ago, 212wrench said:

Mortgage insurance from the bank is one of the worst financial decisions you can make.  Get term insurance instead.  

Fully agree....and that is exactly what I did.