The original horsepower Cessna is considered under-powered by many people and underwriters. If you are willing to pay about 25 percent more in insurance premium go for the Cessna The increased premium will be the result of your low time and the fact that the aircraft is a tail wheel aircraft. Also, remember the stock powered by the horsepower Continental and the performance is not going to be quite as good cruise and load as the Latter model Cessna I keep going back to the Cessna It will do everything those other aircraft will do and probably at a cheaper operating and insurance cost.
If you really want to increase the performance of theyou could always look for one with a horsepower conversion. Fly that aircraft and build hours and trade for a Cessna or convert the to a tail wheel aircraft.How to Save Money on Your Car Insurance (Progressive vs Geico vs USAA)
Where employees are the beneficiaries of an insurance policy taken out by the employer, the insurance protection is a benefit-in-kind derived from employment and taxable under Section 10 1 b of the Income Tax Act except for: Group medical insurance which is provided in lieu of medical cost that would have been reimbursed by employers and the benefit is available to all staff.
This is available as an administrative concession granted effective YA ; Group insurance excluding group medical insurance where employer has elected not to claim the tax deduction on the insurance premiums so that the premiums will not be taxed in the hands of the employees.
This is available as an administrative concession granted effective YA Conditions for YA administrative concession No upfront approval for this administrative concession is required.
Investment Holding and Service Companies availing themselves of the YA administrative concession The administrative concession does not apply to investment holding companies and service companies that elect for the "cost plus mark-up" basis of tax assessment.
Implication for Employer Implication for Employee Revenue Revenue receipts are taxable; insurance payout is on revenue account if insurance is taken to insure against loss of profits of the company, per Section 10 3.