Ltd coverage
10-28-2013 | 11:16 AM
#11
Gets Weekends Off
Joined: Nov 2008
Posts: 393
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When we (LUAL) only had Alpa LTD available, I bought it. As soon as this new LTD plan was offered, I dropped the Alpa LTD insurance like a used prophylactic...
IMHO the only folks who should not take this new LTD plan are those who have enough in their sick bank to take them to normal retirement age if they happen to have something happen to cause them to lose their medical happen.
IMHO the only folks who should not take this new LTD plan are those who have enough in their sick bank to take them to normal retirement age if they happen to have something happen to cause them to lose their medical happen.
10-28-2013 | 11:21 AM
#12
Gets Weekends Off
Joined: Feb 2009
Posts: 1,007
Likes: 0
When we (LUAL) only had Alpa LTD available, I bought it. As soon as this new LTD plan was offered, I dropped the Alpa LTD insurance like a used prophylactic...
IMHO the only folks who should not take this new LTD plan are those who have enough in their sick bank to take them to normal retirement age if they happen to have something happen to cause them to lose their medical happen.
IMHO the only folks who should not take this new LTD plan are those who have enough in their sick bank to take them to normal retirement age if they happen to have something happen to cause them to lose their medical happen.
10-28-2013 | 11:35 AM
#13
Gets Weekends Off
Joined: Nov 2008
Posts: 393
Likes: 0
For my own situation, I would qualify for the max company benefit which is 8K/ month tax free. The Alpa insurance is expensive.
If, I would be not able to live very comfortably on the company LTD, I would most likely supplement with the Alpa insurance.
Again, this is my own situation...
If, I would be not able to live very comfortably on the company LTD, I would most likely supplement with the Alpa insurance.
Again, this is my own situation...
10-28-2013 | 11:49 AM
#14
Gets Weekends Off
Joined: Mar 2006
Posts: 908
Likes: 0
From: 737 fo
WS01,
Here is a sound piece of advice. In 2005 I had a neck injury that required extensive surgery and wound up keeping off the line for the better part of year. At the time we did not have LTD at UAL.
The event just about bankrupted me. Once you are out of sick list and vacation they would put you on Short term disability for three months back then. I spent about 6 months with no pay. At the time I was a 320 F/O making little money and had little to no savings.
The last thing you need when seriously sick or injured is the stress of trying to come up with enough money every week to feed your kids. You've got enough to worry about between trying to heal, medical appointments, PT, not being able to drive, ETC, ETC....
LTD is one of the finest enhancements to come along for this pilot group possibly ever! Don't waste it! My advice is that you buy the maximum amount of ALPA STD and do the company LTD. If you've ever priced outside private LTD insurance you'll find that this is dirt cheap and that buying outside LTD for Pilot is almost impossible unless you are willing to pay big bucks for small benefits.
Do the company LTD it's foolish not to.
Here is a sound piece of advice. In 2005 I had a neck injury that required extensive surgery and wound up keeping off the line for the better part of year. At the time we did not have LTD at UAL.
The event just about bankrupted me. Once you are out of sick list and vacation they would put you on Short term disability for three months back then. I spent about 6 months with no pay. At the time I was a 320 F/O making little money and had little to no savings.
The last thing you need when seriously sick or injured is the stress of trying to come up with enough money every week to feed your kids. You've got enough to worry about between trying to heal, medical appointments, PT, not being able to drive, ETC, ETC....
LTD is one of the finest enhancements to come along for this pilot group possibly ever! Don't waste it! My advice is that you buy the maximum amount of ALPA STD and do the company LTD. If you've ever priced outside private LTD insurance you'll find that this is dirt cheap and that buying outside LTD for Pilot is almost impossible unless you are willing to pay big bucks for small benefits.
Do the company LTD it's foolish not to.
10-28-2013 | 09:28 PM
#17
Gets Weekends Off
Joined: Feb 2010
Posts: 303
Likes: 0
From: A320/A319/B737 Sys Acft Maint Controller
the LTD plan I got (company's) 60% of pay(no tax) after 4 moths off. with my sick and vacation time I can get by for 6 months with no problems and I might still have a bout 1 mo of sick time left before having to burn any LTD. Had I had this when I lost My Medical I might still be flying. I needed 6 months to recover and I didn't have it. I recommend you don't short change yours for a matter of a few bucks. Buy a few fewer Starbucks Latte's and you'll never know the difference. Always overspend to be SAFE is my recomendation.
10-29-2013 | 03:29 AM
#18
CH46 Pilot to the Stars
Joined: Mar 2011
Posts: 61
Likes: 0
From: Furloughed
Positively the most grown up, useful thread I've ever read on this board. Thanks for the insights. I'm coming back in January and, thanks to this discussion, will definitely sign up for the company LTD. Hadn't given it any thought as I've been kicked in the a$$ with good health my entire life, but your anecdotes were just the wakeup call I needed.
10-29-2013 | 04:49 AM
#19
Line Holder
Joined: Jan 2010
Posts: 82
Likes: 0
From: B756
Like others stated before do not drop the company LTD plan.
There is a much better LTD coverage offered by Lloyds of London, way cheaper than ALPA and Harvey Watt for the exact same coverage. pilotdisability.com. Guy that owns the company is a United pilot also.
There is a much better LTD coverage offered by Lloyds of London, way cheaper than ALPA and Harvey Watt for the exact same coverage. pilotdisability.com. Guy that owns the company is a United pilot also.
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