This insurance provides disability benefits in the form of a lump sum or monthly payments if you are prevented from flying temporarily or permanently due to accident or illness.
Loss of License coverage provides monthly or Lump sum disability benefits if you temporarily or permanently lose your medical certificate due to health reasons.
Lum Sum Payment for Permanent Loss of License
Up to USD $2 Millions
2% of Lump Sum benefit paid monthly
for temporary loss of license (Up to 24 months)
Full Benefit available up to age 60
90 days elimination period
Income Protection coverage provides temporary or
permanent total disability benefits if you are unable to perform your job as a pilot as a result of an accident or illness. Benefits are payable regardless of your ability to perform any other occupation.
Monthly Income Benefit up to USD $25,000
Disablity benefit is payable whether accident
or illness is work related or not.
Payout based on own occupation regardless of your
ability to work.
Monthly Benefit periods of : 12 - 24 - 36 - 48 - 60
Elimination period (Days): 30 - 60 - 90 - 180 or longer
Cost of Living Adjustment (COLA) option