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Jim,
I'm a Registered Investment
Advisor and have a life insurance license. Rolling the cash from one policy to a
"new and better" policy generates a lot of easy income for a life
agent.
FYI, there are life
insurance policies available for private pilots. Rates are higher than standard
and are based on several factors such as hours flown per year.
Ben
----- Original Message -----
Sent: 06/24/2007 10:43 AM
Subject: [FlyRotary] Re: life insurance
was Re: Speaking of Lawyers
When I was very young my great aunt took out a life insurance policy on
both me and my sister. When my great aunt passed away my Dad took over the
payments and when I turned 18 he turned over the payments to me. Over the
years the insurance agent would come calling every few years to take the
existing policy and roll the cash value into a new and better
policy.
The last time he came I mentioned that I recently became a pilot. At that
point he said that he could no longer sell me insurance and I have not heard
from him since.
I wonder why?
Jim
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