Pilot Life Insurance: Building a Plan for Your Family, with Brianna Fanning

Your airline may provide life insurance, but how well does that coverage fit your family, your income, and the flying you do outside work? In this episode, I’m joined by Brianna Fanning, Director of Outside Sales at The Pilot Insurance Center and a licensed pilot, to explore the questions that can uncover gaps in a pilot’s life insurance plan. We discuss aviation exclusions, the limits of relying on employer benefits, and how existing assets, family responsibilities, and a spouse’s contribution can influence the amount of coverage a household needs. We also look at term and permanent insurance, the role of trusts and beneficiary designations, and the importance of revisiting coverage after a pay increase, marriage, divorce, or retirement. Brianna shares her perspective on indexed universal life insurance and why understanding a policy’s purpose and structure matters before buying. With open enrollment approaching, this conversation offers a useful framework for reviewing how life insurance fits into your broader financial plan. Since 1996, the Pilot Insurance Center has stood as a pioneering agency, specializing in providing customized life insurance solutions for aviators. The Pilot Insurance Center has positioned itself as a dedicated advocate for pilots, acknowledging and addressing the unique challenges they face in life insurance underwriting. Owned and staffed by pilots- you're one of us. The Pilot Insurance Center prides itself on its aviation-friendly approach. Understanding the varying rates imposed by many insurers based on pilot categories, the agency adeptly navigates these complexities to ensure pilots receive personalized coverage. In doing so, it reaffirms our commitment to supporting the distinct needs of those navigating the skies. Get more insights and takeaways from this episode on our newsletter article! If you’re enjoying Pilot’s Portfolio and finding these conversations helpful, we’d really appreciate a 5-star review on your podcast platform of choice. It helps more professional pilots and their families discover the show: - Apple Podcasts: https://podcasts.apple.com/us/podcast/pilots-portfolio/id1718915375 - Spotify: https://open.spotify.com/show/5p2Tkf16Q9lV693lHV4Zo9 Have a question you’d like Timothy to address, or want to explore how 360 Aviation Advisors helps professional pilots plan around taxes, retirement, investments, and life transitions? PIC: For a quote or questions about life insurance, visithttp://www.piclife.com/www.piclife.com. Schedule An Appointment Our Practice’s Website Contact Us: info@pilotsportfolio.com This episode is sponsored by: Beacon Relocation Beacon Relocation is a real estate firm helping pilots and air traffic controllers save money on their real estate transactions. By tapping into their network of over 1,500 real estate agents across the country, pilots can save 20% of the real estate agent’s commission towards your closing cost on the sale or purchase of your home. Visit https://www.beaconrelocation.com/ to learn more. **Timothy P. Pope is a Certified Financial Planner™and principal owner of 360 Aviation Advisors, LLC (“360 Aviation Advisors”), a registered investment advisory firm. Investment advisory services are provided through 360 Aviation Advisors, in its separate and individual capacity as a registered investment adviser. Podcast episodes are provided through Pilot’s Portfolio, in its separate and individual capacity.** **We try to provide content that is true and accurate as of the date of publishing; however, we give no assurance or warranty regarding the accuracy, timeliness, or applicability of any of the contents. We assume no responsibility for information contained on this website and disclaim all liability in respect of such information, including but not limited to any liability for errors, inaccuracies, omissions, or misleading or defamatory statements.** **Links to external websites are provided solely for your convenience. We accept no liability for any linked sites or their content and remind you that we have no control over their content. When visiting external web sites, users should review those websites’ privacy policies and other terms of use to learn more about, what, why and how they collect and use any personally identifiable information.** **Usage of this content constitutes an explicit understanding and acceptance of the terms of this disclaimer.**