Mailing List lml@lancaironline.net Message #39367
From: <Sky2high@aol.com>
Sender: <marv@lancaironline.net>
Subject: Re: [LML] Profitable Lancairs
Date: Mon, 08 Jan 2007 21:40:17 -0500
To: <lml@lancaironline.net>
In a message dated 1/8/2007 5:20:01 P.M. Central Standard Time, domcrain@tpg.com.au writes:

I would like to know how you get a Lancair to pay for itself.

If you can get that info to me, maybe I can relieve some domestic pressure.

Dom,
 
When you sell it or crash it (with adequate hull coverage), it has paid for itself.  If you crash it with adequate hull coverage, have not exhausted the liability coverage and have appropriate term life coverage, it has more than paid for itself.  Certainly this valuable information will relieve any domestic pressure - assuming your hedges are adequate.  Remember to occasionally make sure your domestic counterpart is in contact with the local tennis club pro - this may allow you to reduce the type of coverage and any interesting partnership temptations. Other arrangements depend on individual creativity.
 
Grayhawk
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