Loss of License insurance provides benefits to pilots if they no longer are medically cleared to fly.

Function

Loss of License coverage will pay benefits if a pilot is no longer able or permitted to fly due to a specified medical condition. For example, a pilot who develops diabetes may no longer be flight-eligible due to the need to take insulin.

Types

Loss of License coverage typically is paid as either a lump some or as a monthly benefit. A lump sum may be chosen by a pilot who will no longer fly but may wish to enter into some form of business venture.
A monthly payment may be the choice of a pilot who believes her condition is only temporary and may be able to fly again at some point.

Benefits

It is possible that a pilot's medical condition might preclude him from flying, but not from performing other types of work. As long as the pilot loses medical certification to fly, he would still receive Loss of License benefits even if he is capable of performing other work.

Example calculations for temporary and/or permanent loss of licence

See below the preferential premiums for OGBL members:

Legend:
perm. LOL: capital for permanent loss of licence
temp. LOL: indemnity for temporary loss of licence
Monthly premium p.LOL: monthly premium for permanent loss of licence
Monthly premium t.LOL: monthly premium for temporary loss of licence
Total premium VBL: perm. LOL + temp. LOL offered by vanbreda & lang
Total premium comp.: total premium offered by the competition

A) Example calculations: Pilots

In order to receive a personalised offer, please fill out the following form:
Request for offer (section A).

B) Example calculations: Air control, groundstaff

* The insurance cover for air control and groundstaff is not offered by the competition.

In order to receive a personalised offer, please fill out the following form:
Request for offer (section B).

Example calculation: Death

Pilots, air control, groundstaff