Pilot Insurance
Pilots go through years of training, fulfill stringent health requirements, and incur considerable
expenses to obtain their license. While the career of a pilot is full of enthralling experiences, it
demands great vigilance and skills. A slight medical problem or a minor mistake could ground a pilot
for an indefinite period of time, resulting in revocation of their license, as well as loss of income.
At Atlas Underwriters, we aim to provide professional pilots peace of mind that in case their license
is revoked due to any reason, they and their family won’t face financial hardships. We understand
the problems faced by pilots when it comes to obtaining a comprehensive insurance policy at
affordable rates. Therefore, we aim to help them by providing tailored pilot insurance solutions that
have been designed keep their unique needs and preferences under consideration.
This insurance provides disability benefits in the form of a lump sum or monthly payments if you are prevented from flying temporarily or permanently due to accident or illness.
Two coverage options available:
-
Loss of license coverage
-
Income Protection
LOSS OF LICENSE COVERAGE
Up to USD $2 MILLION
Coverage Description:
Loss of License coverage provides monthly or Lump sum disability benefits if you temporarily or permanently lose your medical certificate due to health reasons.
Coverage Details
-
Lum Sum Payment for Permanent Loss of License
-
Up to USD $2 Millions
- 2% of Lump Sum benefit paid monthly
for temporary loss of license (Up to 24 months)
- Full Benefit available up to age 60
- 90 days elimination period
INCOME PROTECTION
Up to USD $25,000 (Monthly)
Coverage Description:
Income Protection coverage provides temporary or
permanent total disability benefits if you are unable to perform your job as a pilot as a result of an accident or illness. Benefits are payable regardless of your ability to perform any other occupation.
Coverage Details
-
Monthly Income Benefit up to USD $25,000
-
Disablity benefit is payable whether accident
or illness is work related or not.
- Payout based on own occupation regardless of your
ability to work.
- Monthly Benefit periods of : 12 - 24 - 36 - 48 - 60
- Elimination period (Days): 30 - 60 - 90 - 180 or longer
- Cost of Living Adjustment (COLA) option