PPRuNe Forums - View Single Post - Loss of liscence insurance - for airline pilots
Old 17th Jan 2004, 03:59
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GlueBall
 
Join Date: Jun 2001
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Our plan pays unrestricted 60% of base pay until age 65. Base pay is defined as the minimum hourly guarantee pay per month according to the latest collective bargaining (Union) agreement. Premiums are typically USD $25-70 per month, depending upon the pilot's age. Payout begins 6 months after the reported medical disability. A separate "short term" disability option is also available and it would include immediate coverage for those first six months of disability.
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