Kamelchaser
22nd May 2011, 14:19
Emirates recruiters are currently promoting the "fact" that there is very good loss of licence insurance provided by the company, with additional optional insurance provided by the privately run LIPS scheme.
Recently however, it would seem the company is doing its very best to avoid paying out in a couple of cases underway now.
I'm not sure of the exact circumstances of the individual cases, but it would seem the definition of "permanent loss of licence" is becoming less and less clear. And if EK says it won't pay out because they can't be sure you've lost your licence forever, then under the current LIPs definition, they won't pay out either.
This is not to debunk the LIPS scheme; it's just to raise a discussion as to where we all stand with regards to an actual payout should we lose our medical?
Recently however, it would seem the company is doing its very best to avoid paying out in a couple of cases underway now.
I'm not sure of the exact circumstances of the individual cases, but it would seem the definition of "permanent loss of licence" is becoming less and less clear. And if EK says it won't pay out because they can't be sure you've lost your licence forever, then under the current LIPs definition, they won't pay out either.
This is not to debunk the LIPS scheme; it's just to raise a discussion as to where we all stand with regards to an actual payout should we lose our medical?