Loss of license can be whatever the policy says it is. Disability is whatever the individual policy says it is. I currently have short term disability for 6 months at 60 percent salary, long term disability for 6 months to age 65 at 60 percent, and loss of license for 3 years at 60 percent if I just lose my license and can do other work. I am about to get loss of license that goes to 65 percent from the end of the current plan I have at 3 years that lasts until age 65. I actually never heard of loss of license defined as you have it, but I have heard of that sort of insurance and all the ads for it feature a talking duck. I believe it is just called supplemental insurance and is offered by Afflac and probably other insurance companies also.