A Unique Coverage Solution for Aircraft Owners Transitioning to New Aircraft or Newer Pilots
What is BNT612?
BNT stands for Beacon Navigator Transition for aircraft owners transitioning to new aircraft or newer pilots
BNT stands for Beacon Navigator Transition for aircraft owners transitioning to new aircraft or newer pilots
612 stands for the flexibility to have the first policyas a 6 month term and 12 month intervals thereafter
How does BNT 612 Work?
When you bind the policy, it will be a 6 month policy and only cost roughly 1/2 of what an annual (12 month)policy would be
(Note, premiums are on a purely prorated basis – the insured will pay exactly for the number of days in the policy period, which is 182 days of 365= 49.86% of annual premium)
When you bind the policy, it will be a 6 month policy and only cost roughly 1/2 of what an annual (12 month)policy would be
(Note, premiums are on a purely prorated basis – the insured will pay exactly for the number of days in the policy period, which is 182 days of 365= 49.86% of annual premium)
What are the advantages of BNT 612?
Significantly less out of pocket for the first insurance policy that is very helpful for new owners at purchase time.
This new aircraft often comes with fresh annual inspections. This allows for ongoing annual inspection costs and
insurance costs to be spaced out at different times each year.
Another big advantage is potentially qualifying for better premiums, higher coverage limits, and/or lower deductibles much sooner after purchase.
Significantly less out of pocket for the first insurance policy that is very helpful for new owners at purchase time.
This new aircraft often comes with fresh annual inspections. This allows for ongoing annual inspection costs and
insurance costs to be spaced out at different times each year.
Another big advantage is potentially qualifying for better premiums, higher coverage limits, and/or lower deductibles much sooner after purchase.
