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-   -   API debacle (https://www.pprune.org/middle-east/622452-api-debacle.html)

Adam Barfy 12th Jun 2019 15:58

API debacle
 
Anyone else as pi$$ed off with this whole mess.

Or is it just me?


PPRuNeUser0178 12th Jun 2019 18:39

What is it?

Wizofoz 13th Jun 2019 00:01

Did you mean EPI?

Adam Barfy 13th Jun 2019 01:15

I mean the insurance/savings scheme that used to be LIPS.

I was was happy with it before they screwed around with it. Now I’m seriously considering quitting it like everyone else has.

BigGeordie 13th Jun 2019 06:35

Adam Barfy, No it isn't just you. The whole thing is turning from what should have been a promising mutual assistance scheme into a farce. Like you, I'm looking at alternatives.

nolimitholdem 13th Jun 2019 09:46

Isn't API an

- insurance scheme

- set up by pilots

- in the Middle East?

I mean really, what could go wrong?

*cough*

SOPS 13th Jun 2019 15:59

Who is running the scheme now ?

zamil 13th Jun 2019 21:59

Same here, was happy but now searching for new company, any recommendations for someone 48 years old, I know APPN is a good insurance but max age to join them is 45 unless they changed it recently.

Murrenfan 14th Jun 2019 10:55

Can't find any other schemes that will cover you for more than 5 years. API is over but you still get your 5 years protection underwritten by Lloyds through Baymac and this hasn't changed.

felixthecat 15th Jun 2019 06:36

So now its just Baymac not LIPS/API, and your cover is just the 5 years through Baymac? No longer the coverage till 65?

Murrenfan 15th Jun 2019 09:57


Originally Posted by felixthecat (Post 10494152)
So now its just Baymac not LIPS/API, and your cover is just the 5 years through Baymac? No longer the coverage till 65?

Yes, from what I've seen monthly payments til you're 65 is over. Too many medical losses claims and not enough cash to support them.


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