This unique product combines income protection and traditional loss of licence insurance, specifically designed to meet the needs of commercial pilots.
Income protection provides a monthly benefit, irrespective of the status of your medical certificate, if you are temporarily or partially disabled from performing your own occupation as a pilot. Depending on your salary, you can insure 75% or 85% of your income with a choice of waiting periods from 30 to 180 days. Valuable additional benefits included at no extra cost.
Loss of licence provides a capital lump sum benefit, in addition to monthly benefits, if you suffer a permanent disability and unlikely to work as a pilot again.
We can help protect professional fixed and rotary wing pilots from an extensive range of low and high-risk flying activities.
The Air Pilots Award (part 4, 19.4) specifies an annual allowance is payable by employers to their permanent hire employees to assist with the purchase of adequate insurance against loss of licence.
Income Protection (monthly benefit)
Income protection cover provides a monthly benefit amount due to disability and you are unable to unable to fly either short or long term for a living.
Loss of Licence (capital lump sum benefit)
optional extra cover
Capital benefit cover provides a lump sum amount if due to disability you are unlikely to be able to return to your career as a pilot ever again.
This is a summary only. For full terms, conditions, limits, definitions and exclusions, please refer to the Product Disclosure Statement (available for download when applying for a quote). Any advice on this website is general in nature and does not take into account your personal objectives, financial situation or needs.
This calculator estimates the premium based on the cover and benefit options you have chosen and should be used as a guide only. A quotation will be provided after you have completed and returned the application form.
1. Choose the cover option that works for you.
2. Get a quote and complete the online application by answering questions about your health.
3. Choose a payment option, pay by invoice, credit card or monthly if your premium exceeds $1,000.
Customise your cover
This provides the greatest flexibility, the premium is influenced by the sum insured, benefits and waiting period option you have chosen.
Air Pilots Award / Enterprise agreement
We can custom cover to fit an Air Pilot Award or Enterprise Agreement, the sum insured, benefits and waiting period is tailored to the reimbursement rate provided by your employer.