Mustbee
30th May 2001, 14:52
I have recently passed my Class 1 medical and am about to start on the wholesale surrender of my material wealth in pursuit of my frozen ATPL. I have to admit to being more than a little phased by the cost implications of losing my Class 1 at some point in the future and having to return to my present career minus my house and savings.
Can anyone therefore please advise me of how the various insurance schemes work, when to apply for one and of any particular clauses which tend to be ones to look out for.
Finally, following a claim, do the schemes provide for a lump sum payment or is the payment apportioned annually as with disability insurance.
Any information or advice will be gratefully received.
Kind regards
Mustbee
Can anyone therefore please advise me of how the various insurance schemes work, when to apply for one and of any particular clauses which tend to be ones to look out for.
Finally, following a claim, do the schemes provide for a lump sum payment or is the payment apportioned annually as with disability insurance.
Any information or advice will be gratefully received.
Kind regards
Mustbee