This Temporary Loss of pilot CAAC Medical License Plan is available to pilots flying in China who are affiliated with the following specified Groups.
Beijing Capital Airlines
This plan a short term income protection that provides a monthly benefit in the event of the temporary loss or suspension of a pilots CAAC Medical License, irrespective of what other Medical Licenses that the pilot may hold. There is an initial waiting period of 60 days from the date the CAAC medical license is suspended before benefit payments commence and a maximum benefit period of 12 months.
A monthly benefit of between US$ 5,000 and US$ 15,000 can be selected (subject to agreement with your Airline / Agency) and the selected monthly benefit cannot exceed 75% of eligible earnings. (See ‘Product Info’ for definition of ‘Eligible Earnings’).