Overview
This is probably the most important cover that an airline pilot can have. Most pilots are only too aware of how relatively insignificant health problems, which would not stop a desk-based employee working, can result in them losing their Licence.

There are two types of cover, one offering a lump sum if your Licence is lost permanently and the other offering monthly benefits if your Licence is either suspended temporarily or permanently. You can choose either cover or a combination of the two.

For monthly benefits there is a choice of two benefit periods, 24 or 60 months, dependant on your preference/requirements. Additionally you can choose when you would like these benefits to commence (ie. how long you have to be unfit before qualifying for payments) by selecting from the following waiting/deferment periods; 90, 180, 365 days or 18 months, which enables you to more readily match the cessation of benefits payable by your employer.

For most pilots a mix of both types of benefit will probably be the best option, using the lump sum cover to pay off large debts such as mortgages or loans, and then use the monthly benefits to give both short and long term cover. Whilst the longest benefit is 60 months, we believe that this is valuable cover as the amount of benefit is not reduced by any future earnings, and the benefit amount remains constant throughout the period of claim. Our experience is that these are features of PHI/Income Protection.

You are eligible to take out new cover if you are aged over 18 and under 60 years of age; under 55 years of age for lump sum cover. If you have lump sum cover you will be eligible at the renewal following your 60^th birthday to transfer to monthly benefits, subject to a limit of 1/60^th of the lump sum cover in place at that time, or £2,000 per month whichever is the lower.

What do you need to read?

Client Agreement &  Terms of Business	Keyfacts about our Mortgage & Insurance Services	A Guide to Flying Licence Protection Insurance	Flying Licence Protection Insurance Key Features

How much will it cost?
For details on the full range of options please refer to the Premium Schedule below. This sets out the premiums applicable to BALPA members, which is available all the time your membership is current.  Non-members will pay an additional 10%.  All rates are pro-rata, so it is easy to calculate the cost for any given sum assured.

Premium Schedule (exclusive of Insurance Premium Tax)

How do I apply?
To apply please download and complete copies of the following forms. When complete please return to;

FREEPOST RRKG-RJZG-HSXS,
BALPA Financial Solutions Ltd, BALPA House, 5 Heathrow Boulevard, 278 Bath Road, West Drayton, UB7 0DQ.

	Proposal Form
	Direct Debit Mandate

Once assessed by the underwriters, you will be issued with acceptance terms at which point the policy may be put in force. We will advise when it is ready to start, though you can opt to have the policy start as soon as possible, assuming normal acceptance. If an exclusion applies, we will come back to you, prior to the policy commencing, detailing any endorsement and your cover will not be in force until we advise you that you have been accepted.

What if I need help or advice?
All administration is carried out by BFS and any administration queries should in the first instance be addressed to Maxine Andrews on 020 8476 4087. Alternatively please e-mail the administration team at FLP@balpa.org . If you are a BALPA member and would like specific advice please complete and return the following form; 

BFS Fact Find

Possible supplementary reading?

Policy Wording (specimen)