Lossoflicensebrochureenglish.Pdf
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Unexpected illness or injury can pose many problems for Pilots. GBG’s Loss of License Insurance provides peace of mind with a comprehensive package made to suit your individual needs. • Annual plan that follows pilots worldwide • Maximum benefit amount of USD$500,000 • Covers pilots of commercial airliners and business jets, plus other types of business aircraft including twinjets, corporate helicopters and air taxis • Flexibility of covering both temporary and permanent disabilities • Coverage for For Pilots and First Officers that hold a Commercial Pilots License or an Air Transport License • Sickness and/or Bodily injury Benefits: Eligibility up to age 60 • Upon attainment of age 60, benefits for “accident only” coverage continue up to the sooner of retirement age or age 65. Schedule Of Benefits BENEFIT PLAN BENEFIT MAXIMUM Permanent Total Disablement by A 100% of the Sum Insured Bodily Injury or Sickness Permanent Total Disablement by B 25% of the Sum Insured Classified Illness or Psychological Illness Temporary Total Disablement by C 2% of the Sum Insured per month* Bodily Injury or Sickness Temporary Total Disablement by D 0.5% of the Sum Insured per month* Classified Illness or Psychological Illness *TTD monthly payment not to exceed 75% of monthly salary. Payments made on Temporary Total Disablement will erode the Permanent Total Disablement sum insured. One payment of 100% of the Sum Insured shall exhaust the Sum Insured per Insured Person. In the event the Insured Person holds more than one License, all Licenses must be cancelled for a claim to be considered. Permanent Total Disablement means the Insured Person is totally unable to perform the essential duties of their own previous occupation as a license holder, and which lasts 180 days and at the end of that period is beyond hope of improvement. Temporary Total Disability means the Insured Person being entirely and temporarily prevented from acting in the capacity for which he or she holds a License due to Bodily Injury, General Illness, Classified Illness or Psychological Illness. A Classified Illness is an illness which is directly or indirectly caused by alcohol, drugs or narcotics. A Psychological Illness is defined as when an Insured Person suffering directly or indirectly from stress, anxiety, depression, mental anguish, neurosis or the like and which is diagnosed by a medically or other appropriately qualified practitioner. Such an illness shall imply severe and lasting impairment in personal performance and capable of being diagnosed under the internationally recognized classification system DMS-IV-TR (the Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, 2000). ACTIVELY AT WORK CONDITION The Insured Person must be actively at work and mentally and physically capable of conducting the regular duties of their employment, at the inception date of this insurance, provided not having been absent for more than 10 consecutive days in the preceding 12 months. The information contained herein is for illustrative purposes only. Please contact us for policy details or to request a customized proposal. GBG offers Loss of License plans for pilots of the below types of aircraft. To inqure about other types of aircraft, contact your GBG representative. MANUFACTURER AIRCRAFT FAMILY Airbus Airbus 310 Airbus 320 Airbus 340 Airbus 318 Airbus 321 Airbus 350 Airbus 319 Airbus 330 Airbus 380 Antonov AN24 AN70 AN148 AN26 AN72 AN158 AN32 AN124 Ruslan ATR - Avions de Transport Régional ATR-42 ATR-72 Boeing Boeing 707 Boeing 737 Boeing 777 Boeing 717 Boeing 747 Boeing 787 Boeing 720 Boeing 757 Boeing BBJ Boeing 727 Boeing 767 Boeing CH47 Chinook Bombadier Aerospace - Canadair / Bombadier Global Express CRJ 900 DHC8 Aerospace - De Havilland Canada Challengers CRJ 1000 Learjets CRJ 100 DHC6 CRJ 700 DHC7 British Aerospace All types of 146’s BAe ATP All types of Jetstreams Cessna All types of Citations Dassault All types of Falcons Douglas / McDonnel Douglas DC-9 MD-11 MD-90 DC-10 MD-80 Series Dornier / Fairchild-Dornier Do-328 Embraer ERJ-145 Embraer Legacy 450 Legacy 600 ERJ-170 Embraer Legacy 500 Lineage 1000 ERJ-190 Phenom 300 Grob Grob SPn Gulfstream Aerospace All types of Gulfstreams Fokker Fokker 50 Fokker 70 Fokker 60 Fokker 100 Hawker Beechcraft Beechcraft Premier I Hawker 750 Hawker 900XP Hawker400 Hawker 850XP Hawker 4000 Honda HondaJet Honda HA-420 HondaJet Ilyushin IL-76 IL-86 IL-96 Saab Saab 340 Saab 2000 Sino Swearingen SJ30-2 Sukhoi Superjet 100 Sukhoi Business Jet Tupolev TU134 TU204 TU154 TU214 MANUFACTURER HELICOPTER Aerospatiale / Eurocopter AS/EC 332/532/225/725 AS 330 Puma Super Puma/Cougar SA365 Dauphin Agusta Westland EH 101 Merlin AW139 AW169 109 AW149 Boeing CH47 Chinook Sikorsky S76 Spirit S61 Sea King S92 S70 Black Hawk NH Industries NH90 AIRCRAFT LIMITATIONS Loss of License insurance is available for Pilots of commercial aircraft making onshore landings only. For aircraft landing on offshore platforms/vessels, please contact your GBG representative to request a customized proposal. LATAM_LOL_ENG_10AUG2016 Global Benefits Group 27422 Portola Parkway, Suite 110 Foothill Ranch, CA 92610 USA GBG Latin America 7600 Corporate Center Drive, Suite 500 Miami, FL 33126 USA latam.gbg.com.