Pilot

Loss of Licence - Insurance

Your licence and physical fitness ensure your regular income and therefore your lifestyle and standard of living.

As a commercial pilot, you are exposed to the risk of losing your licence. However, so long as you are "only unfit to fly" but not unfit to work, you can legally be assigned other types of work.

We have recognised this risk and created an insurance package to minimise it.

• Potential coverage until the age of 67. The contract is renewed from year to year and can be adjusted from both sides due to the main renewal date.
• We have waived the option of requesting that you seek other work. This means that you can work in any other occupation after losing your licence without this affecting your entitlement to the one-off lump-sum payment.
• One-off lump-sum payment – no risk of your monthly annuity being cut or stopped
• Same premiums for men and women. As a risk premium that is fixed in each age-dependent.

In addition, the following benefits apply:

• Insurance coverage world-wide.
• Extended war risk clause (deployment of German armed forces, police or UN).
• No surprise clauses.
• No "doctor's orders clause".
• Customer-friendly application questions.
• Annual query of the sum insured and medical conditions to avoid over- or under-insurance.
• Sum insured of up to five times your annual income, maximum CHF 12,500,000.
• Additional per diem allowance possible.
• The policy can be issued in the German or English language.
• The insurance currency can be EUR, CHF, USD or GBP.
• You can contribute annually, semi-, quarterly or monthly pay. For the latter, however, with a Rate surcharge.