Originally Posted by
algflyr
It's too late to look up anything tonight. But I had a similar understanding. I know the APA offers a sort of loss of license insurance that works very much like eagle described and has a limit of around 4 or 5 years...
Ok, I had to look it up anyway. lol.
The 2012 Pilot LTD Plan says coverage ends as quoted below:
"Plan Coverage ends on the earlier of the following events:
1. Termination of employment, except that Disability benefits will continue beyond termination of employment in accordance with Article V of this Plan;
2. Commencement of a Retirement Benefit;
3. The date the Pilot Employee attains the age at which he is no longer eligible to be a Pilot Employee under federal law;
4. Becoming ineligible for the coverage due to a change in job classification; or
5. Death."
So I believe the coverage is not time limited. However, it does go on to say the following"
"Disability benefits under the Plan shall be paid for up to twenty-four (24) months for disability from the occupation of an airline pilot due to a medical condition or treatment from that condition, with the exception of diagnoses of chemical dependency or a mental
or nervous disorder which is subject to the limitations set forth in Article V, Section E.
After receiving twenty-four months of Disability benefit payments under the Plan, the Pilot Employee will continue to be considered Disabled if the Pilot Employee is unable to earn more than 80% of the Pilot Employee’s pre-Disability Compensation earned at the Company in the twelve (12) months prior to the Pilot employee’s date of Disability."
I think Eagle may have been thinking about the APA Disability plan. Of course Eagle, if I'm wrong, please provide a reference. Thanks