Shed Dog
If you are a member of AAPMBF, you would have all your answers in your rule book.
If you are not a member one must ask, what's it to ya.
FYI. MBF pays out 1.5 % of NCB per mth for 12 months followed by 1% for up to 5 years but may after 15 mths pay balance of NCB where a loss is deemed permanent.
The reason people take this cover is because it is portable, and at the end if you've been in for over 20 years you get all your premiums back. (conditional)
You have cover for a couple of years between gigs, the quantum is not salary dependent and payouts are not conditional on other employment or subject to aggregation.
Also give an additional death cover over and above NCB starting at 1000g and going up to 200 g dependant on years of membership.
The fund is by pilots for pilots and occassional glithches aside, it does a pretty good job. Most of the board are pretty good guys.
SS
Last edited by scam sniffer; 22nd Apr 2011 at 21:23.