Return-Path: Sender: (Marvin Kaye) To: lml Date: Wed, 26 Mar 2003 09:36:16 -0500 Message-ID: X-Original-Return-Path: Received: from [148.78.247.24] (HELO apollo.email.starband.net) by logan.com (CommuniGate Pro SMTP 4.1b1) with ESMTP id 2087039 for lml@lancaironline.net; Wed, 26 Mar 2003 09:00:00 -0500 Received: from starband.net (vsat-148-64-23-255.c050.t7.mrt.starband.net [148.64.23.255]) by apollo.email.starband.net (8.12.8/8.12.8) with ESMTP id h2QDxrhQ009061 for ; Wed, 26 Mar 2003 08:59:57 -0500 X-Original-Message-ID: <3E81B2C3.3090202@starband.net> X-Original-Date: Wed, 26 Mar 2003 06:01:39 -0800 From: "Hamid A. Wasti" User-Agent: Mozilla/5.0 (Windows; U; Windows NT 5.0; en-US; rv:1.0.2) Gecko/20021120 Netscape/7.01 X-Accept-Language: en-us, en MIME-Version: 1.0 X-Original-To: Lancair Mailing List Subject: Re: [LML] flying the Atlantic, insurance and other questions References: Content-Type: text/plain; charset=us-ascii; format=flowed Content-Transfer-Encoding: 7bit Bill & Sue wrote: >The plan we have worked out so far is to become ferry pilots for an >established Scottish ferry company. The company will put us on their >insurance for a fee. The official word is that we are ferrying the airplane >over for a sale, the sale falls through, and we ferry it back. > Just wondering if it is really a good idea going in this much detail on a public forum. Think about the scenario: You get the insurance pretending to be a ferry pilot, ferrying the plane for a fictitious sale. At some point in the trip you have an accident and the insurance company is looking at a big settlement. If they do any digging and come across your statement above, they could use that to deny your claim on the grounds that the insurance was obtained through misrepresentation and is hence void. I know it is tempting to publicly announce our success when we are able to outsmart the system. But keep in mind that the announcement can come back and bite us. Hamid