Understanding Loss of Licence Insurance for Pilots

Pilots need to be healthy to fly, and if they get sick, they can lose their job.

Loss of Licence (LoL) insurance helps pilots financially if they can't fly due to a medical issue.

It's like special insurance just for pilots, unlike regular insurance that covers accidents.

The insurance pays out money to cover lost income.

The amount depends on the pilot's job and income.

However, it won't cover everything; for example, pre-existing conditions or self-inflicted injuries are usually excluded.

Premiums (the cost of insurance) depend on different things, such as the pilot's age.