Insurance Discount May Pay for Your BPPP Training - American ...
Insurance Discount May Pay for Your BPPP Training - American ...
Insurance Discount May Pay for Your BPPP Training - American ...
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www.bonanza.org<br />
<strong>BPPP</strong> Online+Flight is less expensive<br />
and does not require extra fuel to travel<br />
to the training site, and eliminates other<br />
travel costs such as food and lodging.<br />
The insurance companies are not<br />
only approving this new training option,<br />
they are embracing it along with <strong>BPPP</strong><br />
LIVE by providing the same discounts<br />
to aircraft owners who complete<br />
either option. Most companies offer<br />
a 5% premium discount. There are a<br />
couple who offer 7.5% to 10% discounts,<br />
which will cover most of if not all of the<br />
cost of the training in many cases – <strong>for</strong><br />
the first time, insurance discounts<br />
may completely pay the cost of typespecific<br />
training.<br />
In addition to the premium savings,<br />
another benefit of these training<br />
plat<strong>for</strong>ms is the ability to purchase<br />
higher limits of liability coverage. Most<br />
companies feel a better-trained pilot<br />
deserves the opportunity to carry more<br />
liability protection, and will only offer<br />
the higher liability limits to those who<br />
complete recognized training like <strong>BPPP</strong><br />
Online+Flight annually.<br />
When you consider these benefits<br />
and the additional safety that is gained<br />
from <strong>BPPP</strong>, it is difficult to understand why<br />
anyone would not want to participate.<br />
If you are currently insured through<br />
the ABS insurance program and<br />
are taking the <strong>BPPP</strong> LIVE or <strong>BPPP</strong><br />
Online+Flight, these discounts are<br />
already built into your premium. If you’re<br />
currently insured elsewhere, please give<br />
us a call so we can discuss your options<br />
and help you realize these benefits. You<br />
will be glad you did.<br />
John Allen is president and<br />
owner of Falcon <strong>Insurance</strong><br />
Agency, which he founded in<br />
1979 in Austin, Texas. Falcon<br />
now has 12 offices across the country<br />
employing over 90 full-time aviation<br />
insurance professionals. Prior to entering<br />
the aviation insurance industry as an<br />
underwriter <strong>for</strong> USAIG, John served in the<br />
United States Air Force as a pilot.<br />
Volume 13 • Number 1 AMERICAN BONANZA SOCIETY 29