Group Life Insurance for Pilots and Family
A number of pilots have asked if we offer group life insurance. We do and you will find that this is an extremely competetive product. It is not currently endorsed by NJASAP and allows you full portability. Contact us to find out how much you specifically can save over the NetJets Company Supplemental Life Insurance with this Group Plan.
If you have anyone who depends on your income, you need life insurance. It can take care of your dependents' financial needs even if you're not around. Your family can use the benefits to help:
- provide a continuous source of income
- assure your children's higher education
- pay off the mortgage on your house
- settle any other outstanding debts
- pay for final expenses
These days, when so many families depend on two incomes to make ends meet, the need for insurance on both wage earners is more important than ever. And even if one spouse is a homemaker, replacing child and home care services so that you may continue to fly takes money as well.
Harvey Watt life insurance policies are guaranteed portable. So even if you change airlines, unions, or even careers, your insurance coverage will travel with you.
NJT company supplemental life plans will require you to convert to an invidual life policy in the event you are disabled more than 3 years or have an employment change. This could result in much higher premiums and exclusions.
What If I Already Have Some Life Insurance?
Then you understand how important this kind of protection really is. But you may want to take another look at how much coverage you have. Your needs may have changed since you first bought that policy. For example, your income, personal debt or family size may have increased.
If you have group life insurance at work, then you know the value of group buying power. But have you thought about what happens to that coverage when you leave the company, or start your own business? Chances are, if you don't lose it altogether, you'll pay a much higher rate to keep that protection.
- Both options may be kept at group rates with the same full coverage and no future health questions until age 65
For Pilots &/or Spouses interested in rates for coverage amounts of $25,000 to $500,000:
For Pilots &/or Spouses interested in rates for coverage amounts of $300,000 to $1,500,000:
