Loss of Licence Insurance
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Join Date: Jul 2001
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Loss of Licence Insurance
Hello All
Does anyone know of any loss of licence insurance that one can take out in an individual capacity? If so-what kind of cover and so on? Many thanks.
Does anyone know of any loss of licence insurance that one can take out in an individual capacity? If so-what kind of cover and so on? Many thanks.
niknak
Join Date: Dec 2001
Location: UK
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Several very reputable firms advertise in Flight International, Pilot and other aviation magazines.
Its a relatively simple process, but the premiums - considering what you actually get if you had to make a claim, as you may have guessed, are very expensive.
I enquired about 18 months ago for loss of licence insurance ( as an ATCO), and the best quote I could get was £350 per annum for a one off £30K lump sum payment.
Its a relatively simple process, but the premiums - considering what you actually get if you had to make a claim, as you may have guessed, are very expensive.
I enquired about 18 months ago for loss of licence insurance ( as an ATCO), and the best quote I could get was £350 per annum for a one off £30K lump sum payment.
