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Permanent Loss of all Pilot Medical Licenses Plan (Self Sponsored)
This is separate plan that can work independently or augment the Temporary Loss of Pilot Host Country Medical License Plan. It provides a monthly benefit in the event of a
Permanent loss of all pilot medical licenses.
There is a 365 day waiting period before benefit payments commence and a maximum payout period of 24 months.
(Note: The benefit is payable monthly until permanent loss is clearly established, after which the benefit is paid as a lump sum). The level of monthly benefit is usually set at the same level as that provided under the Company Sponsored Base Plan and must not exceed 75% of your net monthly salary.
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