Loss of Licence Insurance
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Join Date: Jun 2004
Location: London
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Loss of Licence Insurance
Hi Guys,
Have performed a search on the above but cannot find much. Would appreciate some contact details for companies providing the above.
Many thanks.
Have performed a search on the above but cannot find much. Would appreciate some contact details for companies providing the above.
Many thanks.
Join Date: May 2002
Location: In a nice house
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There aren't many companies that offer it but try BALPA Financial Services and also Traffords, both are brokers and offer a Loss of Licence policy. You can choose temporary benefit if you want and can choose the amount you want to cover for.
Join Date: Jul 2004
Location: UK
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So far I've been unable to find a company offering LOL insurance to people in my position who've spent a fortune on self-sponsored training but don't actually have a flying job. The sticking point is that all payouts seem to be based on loss of earnings.
Join Date: Dec 1999
Location: UK
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How much does medical history affect LOL insurance in your experiences? I had thyroid problems but am fine to get a Class 1 - I am wary however of getting the medical and undertaking training however if LOL insurance will not cover the rather large investment it takes nowadays to gain the licence.
