Pilots undertake years of training and incur considerable expense to obtain their licence. Being a professional pilot is a demanding career, and there are few occupations that are subject to such stringent health requirements. A slight medical deficiency could ground you indefinitely, resulting in a loss of income which could see both you and your family suffer financial hardship. Loss of Licence Insurance provides security and peace of mind by helping to ease the financial burden caused by a loss of income.
The Air Pilots Award 2010 (MA000046), which came into force on 01 January 2010 and is enforceable under the Fair Work Act 2009, stipulates that an employer will pay each full-time pilot A$ 1,695 towards loss of licence insurance (in addition to salary).
Austbrokers ABS Aviation have established an exclusive Loss of Licence insurance product with QBE, which delivers our clients the broadest coverage available at the most competitive price.
Before purchasing this product, please read the Product Disclosure Statement.
To obtain a quotation, simply complete the online application form and one of our staff will contact you shortly. Alternatively, please call us on (02) 8567 3110 for more information.