Having recently left a "corporate" job with the attendant
benefits such as group life insurance, I have recently applied for a term life insurance policy to replace my group life coverage.
To my surprise, the carrier (Clarica, in Canada) has decided
to surcharge me 50% over the normal premium solely
because I fly aerobatics.
The fact that I hold a Transport Canada Aerobatic Flight
Instructor rating (only in Canada), have reasonable experience in both
and aerobatic flying, fly a certified aircraft designed as a
fully aerobatic trainer which has a standard type
certificate including the normal, utility and aerobatic categories and am
not involved in flying airshows apparently has no bearing on
What really tells the tale of what is behind this is
that they have advised me that they will CONTINUE TO SURCHARGE ME FOR A PERIOD
OF AT LEAST TWO YEARS AFTER MY LAST AEROBATIC FLIGHT,
SHOULD I CHOOSE TO QUIT AEROBATICS NOW. I know some people would argue
that aerobatics is addictive but this is ridiculous. To the
best of my knowledge, unlike smoking for instance, there are no residual health
factors. Further, they have decided to apply the surcharge retroactively
from my application date in April when they bound coverage, to the
beginning of August when they finally approved my policy, despite the fact that
I obviously haven't died during that period.
I am certain I am not the first pilot (aerobatic or
otherwise) to come across this type of issues and I would
appreciate hearing from anyone with insight and/or experience and/or
suggestions with respect to this issue.
Does anyone have experience with other carriers that
understand this issue?
Does anyone know of/recommend any affiliate programs that
would provide similar coverage?
Is there anyone with an insurance background and
experience with this sort of issue that might advise me or provide some
insight (or had similar experience and resolved it)?
I live in Canada so certain regulatory aspects may
be different for those of you located in the USA
but risk is risk and I have no problem dealing with an American (or any other)
carrier if they can write business in Canada and understand that riding a
motorcycle eating fast food hamburgers or driving to work is inherently
more risky that aerobatic flying.
Any advice will be much appreciated.
| CPL, ASELS, IA
| COPA #
| AOPA # 772585 7
| IAC # 24428, Chapter
| President, Aerobatics Canada, Chapter
| Hope Air Volunteer
| Toronto City Centre Airport Association
| Zlin 242L, C-GJHB, s/n
| Zlin 242L, C-GRRL, s/n
| PA-32RT-300T, C-GGYM,