The people who should sign up for the LOM:
-Older CA's.
-FO's who think they might end up staying at SKW, because it will likely be very difficult to sign up outside open enrollment.

People who probably don't need it:
Younger FO's and CA's who can and will switch careers to something that pays better than regional airlines if they medical out.

If you're younger and want to sign up, you probably need to over-insure to account for inflation over the years if your plan would be to retire immediately and ride this benefit for decades if you can't hold a medical. That's the real gotcha with this plan, the value of the benefit (and cost to the underwriter) tapers off pretty significantly after 15-20 years due to inflation.