Go Back  Airline Pilot Central Forums > Pilot Lounge > Money Talk
ALPA Loss of License insurance >

ALPA Loss of License insurance

Search
Notices
Money Talk Your hard-earned money

ALPA Loss of License insurance

Thread Tools
 
Search this Thread
 
Old 02-17-2016, 03:23 AM
  #11  
Gets Weekends Off
 
Joined APC: Dec 2008
Position: 777 Cap
Posts: 199
Default

Originally Posted by UAL T38 Phlyer View Post
^^This.

That was my perception. UAL's plan seemed a far better deal, and why I opted for it.

As I understand it, the plan pays about 60% of your pay (not sure if that is monthly guarantee, or what you can bid), BUT, it is tax-free....meaning you net take-home is about 80% of what you earn while working.

Just wanted to make sure I wasn't missing something.
Plan pays 50%, of blended rate in effect at date of disability, times 85.5, per month. Capped at $8000.

Pilot pays 35%, with post tax money, and pays imputed income on company 65% contribution, making entire benefit tax free.
flap is offline  
Old 04-02-2016, 08:29 PM
  #12  
New Hire
 
Joined APC: Aug 2014
Position: Airbus Captain
Posts: 7
Default

Financial Planning and Risk Management for Pilots
ViperEagle is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
pipercub
Union Talk
66
09-12-2014 06:33 PM
CRJAV8OR
Major
36
03-27-2012 11:06 AM
superduck
Union Talk
420
06-20-2011 10:00 PM
R1200RT
Cargo
1
07-23-2009 11:12 AM
RockBottom
Major
0
09-14-2005 09:52 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices