1. It would be a good idea to get loss of medical insurance up to about 75 - 80k in case that happens. It is in fact compulsory to start the course!
2. I think you are looking at CTC's client list where they have done consultancy / other work for them. If you go to 'CTC Wings' then 'Partner Airlines' or something like that then you will get a list of airlines that you could potentially work for!