Besides, if you can afford a plane for trips like this the cost of hiring a pilot to fly your plane is in the noise and well worth is just so you can get something done.
That’s often not true. They do ask and you have to provide records but it doesn’t necessarily impact rates. Pilots are generally wealthier, better educated and need to undergo regular medical exams to keep their certificate. All things that statistically make one healthier. There are many aspects that make a pilot a more attractive life insurance candidate from a risk standpoint, not less.
I can get a nice cheap policy as a pilot with the small airplane exclusion though, but since piloting the small aircraft is one of the more dangerous things I do, seems like not a good idea to exclude it.
My policy is not written in such a way.
* Pilots have lower risk of death than the general population (because of health requirements and general wealthiness)
* A person who decides to become a pilot has a higher risk of death than if they didn't (because a lot of private pilots crash)
How becoming a pilot affects life insurance is based on the second, not the first.
What are the odds of two instrument rated BASE jumpers on HN?
Even billionaires play with OPM, and key man insurance is a thing.