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Is there insurance for pilots who lose their license?

If a person finds themselves unable to work, they may be able to rely on income protection Insurance for many various industries and forms of employment.

It’s not nearly that easy for Pilots. You work in a dangerous sector as a pilot, facing several strains and difficulties that the general public is not exposed to. Your ability to perform your job depends on your mental and physical health. Ordinary protective items frequently don’t meet the special needs of pilots, calling for a higher level of protection.

Fortunately, there is an insurance policy that can cover pilots who lose their License to fly in Hong Kong.

Pilot’s Loss of License insurance is designed specifically to meet the needs of pilots and aircrew, eliminating many of the usual problems that pilots run into with more conventional forms of insurance, such as Disability Income Protection or Critical Illness coverage.

These plans are available for individuals or employers needing cover for their entire team. There are other insurance options that can be used to “top up” any existing Loss of License insurance you may already have.

Specific plans can cover the following:

– Commercial Pilots
– Airlines and Pilot Unions
– Student Aviators and Instructors

Plans for pilots who lose their licenses in Hong Kong can be tailored to your unique needs. A pilot’s loss of license insurance coverage may provide the following benefits:

– Monthly Expense for Temporary Loss of License
– Lump Sum Payment for Permanent Loss of License
– Mental Wellness Cover
– Drug and Alcohol Illness Cover
– Worldwide cover

Annual premiums for a Pilot’s Loss of License Insurance can range from US$2500 to US$6300, depending on certain factors and add-ons.

If you’d like to know more about this type of insurance, get in touch with us at Village Insurance Direct. We find the best personal and business insurance for expats in Hong Kong.

The post Is there insurance for pilots who lose their license? appeared first on Village Insurance.



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Is there insurance for pilots who lose their license?

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