Rivets Posted October 24, 2014 Share Posted October 24, 2014 It's probably unfair to ask too many questions at this stage as we don't know what the cover is...but I will anyway! Will you be discounting the cost of membership if insurance is taken out? Otherwise the annual cost won't look quite so competitive... Quote Link to comment Share on other sites More sharing options...
Guest Posted October 24, 2014 Share Posted October 24, 2014 Hi, It's the standard 2 million 3rd party cover, including tandem under instruction, and 7.5 million crown liability. This will cost £150 for a full year. I believe that we are competitive not just on price but quality of cover. This risk will be underwritten by Lloyds of London and insured by a well established UK aviation insurer who are well know to assist in claims throughout the aviation industry. This is outstanding cover for our sport, and indeed the best. I guess it's a case of 'you get what you pay for' I have had no say on the cost of this policy but I do think it is fair. To make it clear: ONLY PMC full members who can also prove a standard of training will be able to take out this policy. If in doubt, call me on 07983 428 453 and ask SW Quote Link to comment Share on other sites More sharing options...
PeterM Posted November 20, 2014 Share Posted November 20, 2014 Hi all - thought I'd jump in here ( and hope Simon wont mind ) . My names Peter Matcham and are the one some of you have had emails/ calls from in the last 24 hours - and I'll be calling you all in the next day or two to chat through details if you've sent me an email with your phone number on. I work for Alan & Thomas Insurance Brokers looking after all their flying related clients (from Paramotors to Gulfstreams to training fleets of Pa-28s etc etc.) My inbox has gone slightly nuts with the number of enquiries - hence the delay in calling - but rest assured I'm not just an insurance nerd - I started flying gliders aged 14 (had a break for kids n stuff) but then did the usual PPL training in the usual things. Hopefully this has helped me understand what you guys are doing. We've tried to keep this set up very simple - much as Simon has explained - Its a £2m public liability cover for anyone who is a member and pays the premium. So if you injure someone or damage anything the damage (up to £2m) is paid for - legal costs are in addition to this. If anyone wants to call directly my number is 01202 754924 - happy to chat about this or infact if there is anything insurance related I can usually find an answer or know some one who will know. Some aspects around tandems and training that can be a bit wordy to write on a forum and already some good questions form some of you that I'm trying to get answers on. But I'll get there and answer everything ASAP. Pete (PS - love the smilies on this forum ! ) Quote Link to comment Share on other sites More sharing options...
Guest Posted November 20, 2014 Share Posted November 20, 2014 Top man Welcome to the Paramotor club SW Quote Link to comment Share on other sites More sharing options...
PatPux Posted December 9, 2014 Share Posted December 9, 2014 Just to be clear, the policy costs £150 plus 6% tax, therefore, £159. I have to say that if I wasn't already a Paramotorclub member and was looking at this insurance and had to factor in the membership fee as well, it starts to look pricey. Quote Link to comment Share on other sites More sharing options...
Guest Posted December 9, 2014 Share Posted December 9, 2014 It's also worth looking at the details: BHPA policy £500 excess for 'any' claim PMC £0 SW Sent from my iPhone using PMC Forum mobile app Quote Link to comment Share on other sites More sharing options...
Chilly Posted December 9, 2014 Share Posted December 9, 2014 I actually think that £15(9) is not too much to ask for the cover provided. I would like to think though that we can negotiate a better deal after the first year or so which I fully intend to do. Support form the members is what is needed at this early stage and I thank all of those who have taken out this policy already for doing so. Morgy: How much did you pay for your tandem cover to do the records? The BHPA don't cover that do they? SW From what I understand so far, this new policy covers you to fly as many wings/motors as you list and you can arrange extra ones, or delete them at no extra cost during the year, making flying other peoples kit insured including demo wings possible. This makes it far cheaper than AXA, where you pay around 145 euros per wing! You also have cover for third party when you fly tandem (passengers excluded) There is zero excess on the policy. As Simon says, it can only get better, but it is better already for many pilots. Chilly. Quote Link to comment Share on other sites More sharing options...
PatPux Posted December 9, 2014 Share Posted December 9, 2014 Even for me who has only a single wing and doesn't fly tandem, there is some value in peace of mind a UK based reputable insurer. Quote Link to comment Share on other sites More sharing options...
outkast Posted December 9, 2014 Share Posted December 9, 2014 competition cover? what about flying from public land? Quote Link to comment Share on other sites More sharing options...
Guest Posted December 9, 2014 Share Posted December 9, 2014 Take off location is not restricted assuming it's legal of course. Comp cover is not 'excluded' but if you are interested in this your best option would be to contact the insurance company directly. SW Sent from my iPhone using PMC Forum mobile app Quote Link to comment Share on other sites More sharing options...
Guest Posted December 9, 2014 Share Posted December 9, 2014 In fact I can't see why they would not cover comp pilots for 3rd party risk to be honest. ?? SW Sent from my iPhone using PMC Forum mobile app Quote Link to comment Share on other sites More sharing options...
morgy Posted December 9, 2014 Share Posted December 9, 2014 Includes tandem Paramotor but excludes the passenger... you might as well not have that then... As an instructor you guy's need to have cover for the passenger, they will be the one suing your arse if it goes wrong... Quote Link to comment Share on other sites More sharing options...
Guest Posted December 9, 2014 Share Posted December 9, 2014 Morgy, We are offering 3rd party cover to tandem paramotor pilots. Do the BHPA offer that with the £90 membership fee? (the answer is no) Basically, you can not fly a tandem paramotor in the BHPA and be insured by them even for 3rd party where as as a PMC tandem pilot you can. What's your problem? You seem happy to have a policy with a £500 excess that does not cover your 3rd party liability when you are flying your tandem rig......!!! lol SW Quote Link to comment Share on other sites More sharing options...
morgy Posted December 9, 2014 Share Posted December 9, 2014 If it does not cover the Passenger you may as well not have any at all.. the chances of crashing into a house car and or causing damage to anyone else is very remote but breaking your passengers leg ankle or worse is far higher.. does this insurance cover this?? Does your insurance cover you for free flying?? No Quote Link to comment Share on other sites More sharing options...
Guest Posted December 9, 2014 Share Posted December 9, 2014 So what's the point of any 3rd party cover then if that's your attitude? If you fly your tandem into my car your not insured (forget about the passenger for now to simplify it for you) if lets say Chilly crashes into my car on a tandem his insurance will pay for the damage to my car. I still don't get what your problem is? Or who insured you for your tandem records last year? SW Sent from my iPhone using PMC Forum mobile app Quote Link to comment Share on other sites More sharing options...
Guest Posted December 9, 2014 Share Posted December 9, 2014 Wait out for answer on free flying we are waiting to hear back from the underwriters. Mate, it's clear that for whatever reason you don't like the idea of the Pmc insurance... That's fine, don't buy it but don't start comparing policies as the Pmc will win that one every time SW Sent from my iPhone using PMC Forum mobile app Quote Link to comment Share on other sites More sharing options...
Guest Posted December 9, 2014 Share Posted December 9, 2014 Ps the title of this thread says it all!!! :-) SW Sent from my iPhone using PMC Forum mobile app Quote Link to comment Share on other sites More sharing options...
morgy Posted December 9, 2014 Share Posted December 9, 2014 If chilly flies into your car, yes he is covered for the repair too your car.. BUT the passenger the person who will hit the car first and most likely come off worse, will too take you too court and win and will most likely take his house and car away... at least your have a shinny car in the end... I guess you pays your money you takes your choice.... You wouldn't ride you Motorbike with someones child on the back if your insurance didn't cover you for pillion passengers would you??? Quote Link to comment Share on other sites More sharing options...
Guest Posted December 9, 2014 Share Posted December 9, 2014 In this case, you pay your money and you get your insurance! mate surely you can see the benefit of 3rd party cover no matter what your flying? This conversation is starting to become odd?? Are you actually that negative about this or are you just confused? 3rd party cover for tandem is better than no cover for tandem can we at least agree on that lol ???! Confused . Com SW Sent from my iPhone using PMC Forum mobile app Quote Link to comment Share on other sites More sharing options...
Samasauras Posted December 10, 2014 Share Posted December 10, 2014 But the options are 3rd party cover for part of a tandem or no cover at all so to go back to the motorbike comparison you are either riding insured minus pillion or not insured at all, I'm sure I know which one I would choose! Sent from my sofa whilst wishing I was flying Quote Link to comment Share on other sites More sharing options...
Guest Posted December 10, 2014 Share Posted December 10, 2014 Its not part of a tandem covered? Both the pilot, passenger, and aircraft are insured against 3rd party damage and so on.. The 'Excluding passenger' means that the passenger can not claim back 3rd party losses from the pilot. SW Quote Link to comment Share on other sites More sharing options...
PeterM Posted December 10, 2014 Share Posted December 10, 2014 Hi all. Glad to say we now have PMC members on cover under this scheme. Not getting into what other policies can or cant cover I know I've chatted through the real world scenarios of how this would work. As Simon has said the 'passenger' can't make a claim against this insurance if they are inured. Underwriters viewed it as just too great a risk - as has been pointed out by Morgy they are very likely to 'come off worse' - so its just not coverable in the budget that was discussed. If anyone wants to pay more let me know - I'll see what I can arrange As a passenger they aren't considered the 'public' or a 'third party' - even in light GA aircraft where cover is a legal requirement for passengers you only 'need' to provide £125k cover per passenger - and that's with a far reduced risk of a broken ankle from a less than perfect landing.......... My view as a power & glider pilot is this is a great step for the sport to take to be given the recognition it deserves. I'm still chasing confirmation that free flying & comp flying is OK (underwriters just want to fully understand before giving the 'OK') - they're not all pilots and so take longer to understand stuff than 'flyers' may do ! Quote Link to comment Share on other sites More sharing options...
PeterM Posted December 18, 2014 Share Posted December 18, 2014 Hi all - another quick update on this . Happy to be able to confirm that free flying is 100% covered on this policy. I'm still discussing with the underwriter the potential to include comp flying, but there is some question around the proximity to spectators in this area - but watch this space and I'll confirm as soon as I can. As a new scheme there were always going to be questions and areas that ( even with Simons knowledge ! ) we hadn't considered. Hopefully only one or two of these are still out there . Pete Quote Link to comment Share on other sites More sharing options...
Guest Posted December 18, 2014 Share Posted December 18, 2014 Brilliant news !! Thanks for fighting our corner Peter! SW Quote Link to comment Share on other sites More sharing options...
AppleFLy Posted June 14, 2017 Share Posted June 14, 2017 Why would you guys get insurance? what happens if you dont? Seems like a waste of money to me. Quote Link to comment Share on other sites More sharing options...
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