In my own experience, that difference made a wonderful improvement in my premiums. I spend less money on insurance, and more money on flying. And in my book, that's always worth a few extra moments of my time. For Pilots 1 Read the policy for any aviation exclusions or waivers. 2 Pay the premium annually if you can.
Insurance companies add an additional charge for monthly and quarterly premium payments.
Thoroughly investigate any additional riders. If you're thinking of purchasing new life insurance, consider doing it now before a proposed regulatory change could disallow premiums guaranteed more than five years. 5 Research what you have before you buy a new policy. If your health has changed, you may not be insurable or your existing policy could have substantial penalties for early withdrawal. 2001 Werner Publishing Corp.