RIP Michael "Krash" Krasniewski

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07-20-2024, 06:56 PM

#11

iLikeMoose

Gets Weekends Off

Joined APC: Jan 2018

Posts: 300

Quote:

Originally Posted by PilotJ3

I agree. I have the 1.5 Mil optional and also have 1.5 on my own. If I leave this life, wife will have around 4.5 mil.

Alpa loss of license will be a good supplement for disability. Also it can be payroll deducted, I don’t even care how much it cost.

How much does the optional 1.5 mil cost?

07-20-2024, 06:59 PM

#12

CX500T

Gets Weekends Off

Joined APC: Nov 2017

Position: NYC 7ERA

Posts: 2,079

Quote:

Originally Posted by Gunfighter

Additional life insurance is a good idea, but not from Delta/ALPA. Life insurance you can keep if you are no longer an employee is better. There are lots of term insurance options available at comparable rates.
Thanks for the reminder about loss of license.

There's also a lot of us that can't get coverage outside of company sponsored plans. Either plans exclude for family history, medical history or excludes the things most likely to get us (military flying in my case) And the company spouse insurance flat out rejected my wife because she had a,brain tumor removed. Never mind her prognosis and death probability is baseline person now. (Non cancerous)

07-21-2024, 04:06 AM

#13

FangsF15

Moderator

Joined APC: Sep 2011

Posts: 4,907

Quote:

Originally Posted by iLikeMoose

How much does the optional 1.5 mil cost?

Depends on age, I believe. Im in my 50’s, and pay ~$200/month.

07-21-2024, 04:44 AM

#14

higney85

Property of Scheduling

Joined APC: Sep 2006

Position: Bus driver

Posts: 2,575

Quote:

Originally Posted by CX500T

I tell this to new hires. You never know what life has in your health future (dealt with blows that make insurance companies laugh at the thought of coverage). Get a healthy term policy when young and at DL get the optional max. As you get older and closer to “self insured” you can lower coverage. For the long term mil guys, the important thing is to pay your company premium when out more than 60 days. It’s cheap, but if you don’t pay it while out on mil the company coverage drops to only $50k. It’s not expensive but can be a costly mistake.

07-21-2024, 05:09 AM

#15

DryClutch

Gets Weekends Off

Joined APC: Feb 2016

Position: 737

Posts: 318

Quote:

Originally Posted by iLikeMoose

How much does the optional 1.5 mil cost?

Along with the max optional Delta life insurance benefit i've got, my wife and I have a 2 mil and 1.5 mil plan on us respectively, and we pay $180/mo for those both through Guardian. In our mid-40's now, got it years ago.