Truluma News

Income Protection for Pilots

Whether a pilot flies for a commercial airline, is a corporate or charter pilot, is a crop duster, does firefighting or flight medical services, a Loss of License product is the most comprehensive pilot disability insurance and is the market standard of financial protection in the aviation world .  It was developed to protect the income of a pilot in case of the temporary or permanent suspension or revocation of a pilot’s medical certificate by the governing body of the FAA due to an injury, illness or prohibitive medical condition.  Its protective umbrella reaches past the realm of traditional disability insurance with a platform of benefits specifically designed with professional aviators in mind.

Underwriters created Loss of License insurance as an improvement upon standard disability policy wordings and definitions to not only cover those conditions usually indemnified by a common DI policy, but to also protect against occurrences that would result in the temporary suspension of a pilot’s medical certification which would not fall under usual disability policy wordings.

Common examples of conditions that frequently result in Loss of License claims are elevations in blood pressure, heart attacks, elevations in blood sugar as well as progressive diseases like Parkinson’s.  Under a standard personal disability policy, the above listed conditions wouldn’t necessarily be considered qualifying events for DI claims without the manifestation of debilitating symptoms.  However, just the presence of those conditions can be reason enough for the medical grounding of a pilot by the FAA.  .

Loss of License insurance is available to any class of professional aviator with rates in line with traditional pilot disability products.  Policies are available on a simplified-issue individual or guaranteed-issue group basis.

Call us today at (206) 633-2922 to learn more about the diverse benefits package of pilot Loss of License insurance.

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