Keep Me Covered
Even if youre not one of those dotcom zillionaires, if you own a moderately expensive airplane, youve probably accumulated a nice tidy cache of wealth youd like to retain for your retirement years.
Owning an airplane, however, puts that wealth at risk. One of the biggest problems to face aircraft owners in recent years is the lack of higher limits of liability coverage beyond the run-of-the-mill million bucks, a sum thats chump change by modern insurance standards.
This is an expensive problem for pilots transitioning into bigger airplanes, but it plagues everyone who needs significant limits of liability, including people who have owned the same airplane for years.
Why It H…
