40&80.
LIPS was set up using actuarial advice just like any other financial product.
The difference is that it is run by a group of pilots who make no profit from their involvement. They are there to assist any claimant as opposed to insurance companies whose main aim after taking your premium is to deny your benefit. EK management are not involved.
Although past performance is no guarantee for the future, LIPS can withstand 3 times the statistical industry historical loss of license.
As for "It is my experience most pilots that are ill enough to lose their licence permanently soon die" - suggest you visit any simulator center in the world and hang out near the coffee machine until you see the oldest guy there. Then ask him about the L1011 or DC8 he used to pole...
