X-Virus-Scanned: clean according to Sophos on Logan.com Return-Path: Received: from imf20aec.mail.bellsouth.net ([205.152.59.68] verified) by logan.com (CommuniGate Pro SMTP 5.1.10) with ESMTP id 2136679 for flyrotary@lancaironline.net; Sat, 23 Jun 2007 22:11:06 -0400 Received-SPF: pass receiver=logan.com; client-ip=205.152.59.68; envelope-from=ceengland@bellsouth.net Received: from ibm64aec.bellsouth.net ([209.215.62.101]) by imf20aec.mail.bellsouth.net with ESMTP id <20070624021031.KBBV28317.imf20aec.mail.bellsouth.net@ibm64aec.bellsouth.net> for ; Sat, 23 Jun 2007 22:10:31 -0400 Received: from [209.215.62.101] by ibm64aec.bellsouth.net with ESMTP id <20070624021029.ZUW11014.ibm64aec.bellsouth.net@[209.215.62.101]> for ; Sat, 23 Jun 2007 22:10:29 -0400 Message-ID: <467DD294.6060409@bellsouth.net> Date: Sat, 23 Jun 2007 21:10:28 -0500 From: Charlie England User-Agent: Mozilla/5.0 (Windows; U; Windows NT 5.1; en-US; rv:1.8.1.2) Gecko/20070222 SeaMonkey/1.1.1 MIME-Version: 1.0 To: Rotary motors in aircraft Subject: Re: [FlyRotary] Re: Speaking of Lawyers References: In-Reply-To: Content-Type: text/plain; charset=ISO-8859-1; format=flowed Content-Transfer-Encoding: 7bit Ernest Christley wrote: > David Leonard wrote: >> Speaking of lawyers. My wife and parents know that whatever happens with >> the plane, it would be my wish that there never be a law suit. No matter >> what the ambulance chaser lawyers try to say (its just business, you >> deserve >> this money, someone needs to pay), whatever happened was my fault alone. >> There is enough money in life insurance that she should not need money >> from >> a lawsuit. >> >> Perhaps we should all have this discussion with our families. >> > And our insurance agents? Will policies pay out due to death while > piloting an experimental aircraft? I've always assumed companies put in > boiler-plate wording against that sort of thing. > I got lucky; when I got married & signed up for life ins 12 years ago, the underwriter hadn't thought to write in the flying exclusion. You can ask your heirs not to sue anyone, but you can't stop your life insurance company, if you get killed. They will 'subrigate' (sp?) to get their benefit payment back from any entity they perceive as a potential target. I've got a friend who effectively cannot build a homebuilt because his (state agency) life ins won't pay off to their spouse if they die in it. Another friend, still in his MD residency, has quit flying because with a new wife & baby, life ins is either unavailable or prohibitively expensive if he flies even certified a/c. Anyone read the exclusions in their homeowner's insurance policy lately? If it weren't for the mortgage requirements, you'd be better off without ins. Charlie