Financing & Insurance
We help dreams take off...
Our Financing Process
During the consideration phase of your aircraft purchase we will discuss your ownership structure options and help you understand the general nature of the finance options available for each approach.
For example, financing for commercial use (leaseback) is different than personal use. If we determine that financing is likely to be an option that might be used in our purchase plans we will initiate a finance application to obtain “pre-qualification” for financing.
You will be provided a simple application and request for specific financial information that will be processed privately by our in-house specialist.
We will provide our lenders the details of the possible aircraft types you are considering and shop your opportunity to our top aviation lenders to see which one will give you the best rates and terms for your purchase.
Interest Rates as low as 7.12%
Contact our Finance & Insurance Team.
Our clients are busy people! So one of the best benefits is our clients don’t have to go to numerous lenders filling out applications and engaging with numerous sources to shop the market for financing.
We handle that for you and there is no charge for this service. We want our clients to have the best experience working with LifeStyle and we are keen to make that happen!
Meet Joseph Dail, our Finance & Insurance Specialist.
Joseph is a first generation aviator with 8 years in the Insurance and Finance Industry. After being bit by the aviation bug in 2021, he became an instrument-rated commercial pilot. Since finding his love for flying, he is thrilled to be helping others achieve their dreams of aircraft ownership.
Together we determine if financing might be an advantage for you
You complete and return the simple finance application
We shop the market for you to find you the best rates and terms
Together we proceed confidently with your aircraft acquisition knowing your rates and monthly payments
Our Insurance Process
In the area of Insurance, again LifeStyle is different. Over the years we determined that to provide a “turn-key” service and ensure the best rates, it was essential to bring the process of shopping the insurance market directly into our acquisition process.
First we obtained our insurance license so we could create relationships with agents and companies that could best serve our clients. We have access to all insurance products from trainers to turbines to FBO’s and Flight School policies.
In the case of our Diamond Aircraft we were able to gain preferential access to the Diamond Insurance Program and this has proven to be a significant benefit for our clients.
The Diamond Insurance Program provides our buyers of Diamond Aircraft exclusive access to special insurance rates and benefits.
Our agency partnership provides each of our clients a seasoned aviation insurance veteran to shop and quote their insurance among all the providers. Due to our volume and involvement in this process we can help assure our clients the best possible rates. We encourage our clients to submit a quote request as soon as enough information about the aircraft and value is available.
Insurance for Flight Centers
In our development work with our Flight Center partners, we review their insurance to see if there are opportunities to enhance their situation.
One benefit we often bring to our flight schools is the potential for paying their fleet policy on a monthly reporter. This allows the school the flexibility of adding and deleting aircraft on a “pay by the day” basis. This keeps leaseback owners from needing to pay premiums all in advance and only pay for the coverage they use and need.
We recommend our flight centers conduct a regular review of their insurance with us to make sure they are receiving the best possible benefits. If they operate Diamond Aircraft we will also see what special benefits they can enjoy through our Diamond Aviation Insurance Program.