06.02.2014 Views

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 ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!