What it does: Pays a lump sum if you become permanently
disabled and are unable to return to work.
How much it delivers: Depends on how much you nominated, and
can help pay for medical treatment, a carer, and adapting your
home to your new circumstances.
How you pay for it: Annual or monthly premiums to an insurance
company. This is also able to be paid for by your superannuation
policy.
When it’s claimed: In the event where an accident or illness leaves
you permanently disabled and unable to work in any/own
occupation that you are experienced, trained or educated in.
This is just a basic overview, however it gives you an idea of the
range of coverage available. The type of Aviation Licence held
needs to be taken into consideration to see what options are
available to you.
