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Loss of license pilot insurance

Continue to meet your financial commitments, if your licence is suspended temporarily for medical reasons, with monthly benefits from our temporary loss of licence cover.

And should the worst happen, and you lose your licence permanently, a lump sum payment of up to 400,000€/£400,000 will give you security when you need it.

Our comprehensive, competitive coverage is available to airline pilots, commercial pilots, and flight instructors and you can include optional short-term disability and long-term disability cover with your loss of licence policy if you wish.

Key benefits of loss of licence policy

  • Up to 400,000€/£400,000 lump sum payable for permanent loss of license on medical grounds
  • 2% of permanent sum assured payable on a monthly basis for temporary loss of licence
  • Psychological illness - 100% of permanent sum assured payable in the event of mental illness
  • No exclusion for pre-existing conditions
  • Classified Illnesses fully covered ? i.e. alcohol, drugs or narcotics related
  • Full benefits to age 60
  • No reductions in cover at age 55
  • Preferential terms for new pilots
  • Includes Specified Degenerative Diseases - exclusive list
  • Monthly premium payment option
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Optional cover

Include optional short-term disability and long-term disability cover with your loss of licence policy if you wish.

Short-term disability insurance

Start receiving disability benefit after just 14 days and bridge the income gap between being unable to work and receiving your temporary loss of licence benefit. Particularly suitable for newly qualified pilots with training loan repayments to make.

  • Minimum deferred period 14 days
  • Maximum benefit of 60% of certified gross earnings
  • Benefit period 90 days - inclusive of deferred period

Just tick the relevant box in the Loss of licence application form to add this cover.

Long-term disability insurance

Continue to receive disability benefit after your loss of licence cover ends.

  • Maximum of 60% of salary for 20 years or up to age 60
  • Benefit period inclusive of Loss of licence or Permanent Total Disability benefits
  • Own occupation

Just tick the relevant box in the Loss of licence application form to add this cover.

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Why choose us?

Loss of Licence Insurance and Pilot Income Protection is provided by Global Benefits Europe B.V.- international employee benefit specialists and part of the Global Benefits Group.

In response to feedback from existing pilot clientele Global Benefits Europe has developed a unique suite of products for pilots of any nationality.

Global Benefits Europe B.V. is authorised and regulated in Holland by AFM, the independent supervisory authority for the savings, lending, investment and insurance markets.

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Free guide download

Download our complimentary Pilots Loss of Licence Insurance guide

PIC Pilots Loss of Licence Insurance Guide

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Mon-Fri 09:00-17.30 (CET/CEST)
+32 2 535 7457

Group insurance

We design group packages for airlines, unions, groups of pilots, associations