Loss of License
#1
Gets Weekends Off
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Joined APC: Apr 2016
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Loss of License
I'm shopping around for loss of license insurance and a UPS friend recommend I check out this company in Louisville KY...lots of UPS and SWA guys use them. I reached out and here is the comparison graphic they sent me. If anyone has questions or wants more info let me know and I'll reach out to the POC.
#3
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Joined APC: Apr 2018
Posts: 427
You can really insure anything!
#5
#6
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I’m aware the company still contributes but I see the LOL insurance as way to maintain the current lifestyle now...young kids have lots of dance / karate / soccer, lacrosse, etc and I want to minimize the thrash to their life in the event I'm out on disability where the 50% LTD pay is basically paying mortgage, utilities, food, gas, etc.
#8
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Does it?
I read PWA 26.C.3.a as they take your disability amount, double it in order to approximate what a regular pilot on a active payroll status would have made, and then the company contributes the 16% as normal.
I read PWA 26.C.3.a as they take your disability amount, double it in order to approximate what a regular pilot on a active payroll status would have made, and then the company contributes the 16% as normal.
#9
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PWA 26.C.3.b Question
It mentions “...less income from employment that exceeds the calculated disability amount...”
Does that include military pension?
I wouldn’t think it would but wondering if anyone knows for sure.
Does that include military pension?
I wouldn’t think it would but wondering if anyone knows for sure.
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