New to all this - need some advice and answers

"Rom" wrote in message
ups.com...
OK, this is going to be a rather long post since I have quite a few
question and they are all over the bloody map here. I know most of you
have gone through this sometime and while I do expect I'm not
necessarily going to hear what I want, I'll definitely hear mostly what
I need..
snip
Also, did anyone have issues with their life-insurance? I believe mine
can be cancelled if I do "extreme" sports (flying is listed here, as is
parachuting)... Funny thing is that this is done regardless of whether
I die flying (or practicing these sports) or not. So, on that side, is
there a pilot-friendly or pilot group insurance available to pilots?


- SOME life insurance companies charge higher rates (or refuse) to insure
pilots.
- Some insurance companies ASK it you are a pilot (or are in training), some
do not care.
- Some insurance companies do(or can) NOT raise rates for EXISTING policy
holders who take up piloting during the term of a policy. They may (or not,
at their option) raise the rates on additional coverage purchased after your
initial policy.
- You MAY be advised to purchase all or most of your expected life insurance
needs BEFORE you begin pilot training.
- YMMV
- Talk to several agents and brokers and do NOT falsify any applications.